Analysis: Bitcoin mining companies' transition to AI infrastructure is accelerating, with multiple infrastructure-related stocks surging

Odaily planet daily report: 10x Research posted on platform X, stating that amidst Bitcoin's downturn, the mining and AI infrastructure sectors have surged significantly. KEEL rose 30%, CIFR rose 29%, IREN rose 29%, WULF rose 24%, and HUT rose 22%, primarily driven by large-scale hyperscale data center deals, campus acquisitions, and new institutional support.

This week's catalysts include IREN's $1.6 billion purchase of Dell Blackwell systems, TeraWulf's acquisition of a 1 GW campus in Kentucky, and Hut 8's signing of a $9.8 billion lease agreement in Texas. These events indicate that the transition of Bitcoin mining companies towards AI infrastructure is accelerating.