Wall Street is losing interest in Bitcoin miners’ AI pivot. Deal announcements now move stock prices by an average of 10%, down from 24% two years ago.
This isn't about contract size; annualized revenue per contracted megawatt is up. It’s about execution. The market wants profits, not just promises.
The "AI narrative" for miners is maturing. Early movers like Core Scientific and TeraWulf saw 40-60% jumps. Now, even CleanSpark’s $6.6B mega-deal gets less than 9%. Investors are harder to impress. The TEM AI Infrastructure Growth Index is down 28.5% from its June peak.
This sector is shifting from speculation to scrutiny. Would you still chase a miner's AI announcement? $BTC
This isn't about contract size; annualized revenue per contracted megawatt is up. It’s about execution. The market wants profits, not just promises.
The "AI narrative" for miners is maturing. Early movers like Core Scientific and TeraWulf saw 40-60% jumps. Now, even CleanSpark’s $6.6B mega-deal gets less than 9%. Investors are harder to impress. The TEM AI Infrastructure Growth Index is down 28.5% from its June peak.
This sector is shifting from speculation to scrutiny. Would you still chase a miner's AI announcement? $BTC