Svmuu reported that 10x Research posted on X platform, stating that amid Bitcoin's downturn, the mining and AI infrastructure sectors have surged significantly. KEEL rose 30%, CIFR rose 29%, IREN rose 29%, WULF rose 24%, and HUT rose 22%, primarily driven by large-scale hyperscale data center deals, campus acquisitions, and new institutional support.
This week's catalysts include IREN's $1.6 billion purchase of Dell Blackwell systems, TeraWulf's acquisition of a 1 GW Kentucky campus, and Hut 8's signing of a $9.8 billion Texas lease agreement. These events indicate that the transition of Bitcoin mining companies towards AI infrastructure is accelerating.
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Analysis: Bitcoin mining companies' transition to AI infrastructure is accelerating, with multiple infrastructure-linked stocks surging
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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