Shares of Bitcoin miners transitioning to AI infrastructure providers saw declines in Thursday trading, with TeraWulf (WULF) down 4% to $16.50, Applied Digital (APLD) down 3% to $26.22, and IREN down 2% to $44.28. The pullback was attributed to investors engaging in profit-taking after the strong year-to-date gains in these stocks, coupled with a lack of new company-specific catalysts. The CoinShares Bitcoin Mining and Digital Power ETF (WGMI) also fell 4%, suggesting a sector rotation rather than broad tech weakness.