19/4/2026, 11:41:02 am

Alcoa taps crypto market for new energy demand

Alcoa is in negotiations with NYDIG to sell the dormant Massena East smelter in upstate New York, expected to finalize by mid-2026. The site has heavy-duty electrical infrastructure and hydropower, making it suitable for energy-intensive digital operations like Bitcoin mining, following TeraWulf's similar purchase of a Kentucky plant.