Bitcoin Miners Gain as AI Infrastructure Expansion Fuels Speculation
The price of bitcoin remains stagnant, but BTC miners are experiencing growth driven by artificial intelligence and high-performance computing.
Riot Platforms (RIOT) and IREN saw gains of about 13%, while Hut 8 (HUT), CleanSpark (CLSK), and Bit Digital (BTBT) increased by approximately 6%.
Since April lows, IREN has surged nearly 500%.
OpenAI, Oracle (ORCL), and SoftBank are expanding their Stargate AI infrastructure with five new U.S. data centers, aiming for 10 gigawatts capacity by the end of 2025.
This expansion involves over $400 billion in investment and adds nearly 7 gigawatts of planned capacity.
Traditional BTC miners like Riot Platforms and CleanSpark are shifting to AI and high-performance computing, leading to stock increases of 85% and 55% year-to-date, respectively.
MARA Holdings (MARA) shifted focus to bitcoin treasury, resulting in a smaller gain of 10% in 2025.
