Workflow
Bitcoin 'just doesn't cut it anymore': Miners' pivot to AI sends stocks soaring
Yahoo Finance·2025-10-26 23:00

Bitcoin miners are using their computing power to service a thirsty AI boom, and investors are taking notice. Companies that once focused solely on mining digital tokens are signing long-term contracts using their land, energy, and data centers for AI workloads. Miners like IREN (IREN), Riot (RIOT), TeraWulf (WULF), and Cipher Miner (CIFR) are just a handful of players shifting their resources toward high-performance computing (HPC) infrastructure and artificial intelligence. Industry insiders point to ...