{
  "id": 228117,
  "title": "Bitcoin miners’ AI pivot loses Wall Street’s wow factor",
  "url": "https://urgent.news/2026/08/06/bitcoin-miners-ai-pivot-loses-wall-streets-wow-factor",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-06T16:42:33.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/bitcoin-miners-ai-infrastructure-deals-wall-street-reaction"
  },
  "original_language": "en",
  "account": "Bitcoin miners have shifted their focus to artificial intelligence and high-performance computing, but Wall Street's reaction to these AI infrastructure deals has grown less enthusiastic. According to new analysis by Blocksbridge Consulting, the average stock movement for AI and HPC infrastructure announcements has dropped from around 24% to about 10% over the past two years, even as contract sizes and values have increased. The market now seems more discerning, demanding stronger execution and long-term profitability from these deals. Major announcements like TeraWulf's 401-megawatt lease with Anthropic and Bitdeer's Tydal contract have drawn much smaller responses compared to earlier deals, such as Core Scientific's 40% share gain from its initial hosting agreement with CoreWeave. Bitcoin mining stocks that have embraced AI and HPC workloads have also seen a recent slowdown, with the TEM AI Infrastructure Growth Index down about 28.5% from its June peak.",
  "summary": "Bitcoin miners' pivot into AI and high-performance computing (HPC) infrastructure is reshaping their business models, but investors are no longer rewarding new infrastructure deals with the same enthusiasm they once did, according to new analysis by Blocksbridge Consulting. The market reaction to AI infrastructure announcements has weakened significantly over the past two years, with the average announcement-day stock move falling from roughly 24% for the earliest deals to about 10% for the most recent ones. While AI hosting agreements are becoming more lucrative, investors are now placing greater emphasis on execution, financing, and long-term profitability than on headline contract values alone. This shift is evident in how the market has responded to major announcements, with more recent mega-deals drawing a much more muted response compared to earlier deals.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}