Bitcoin mining companies accelerate shift to AI infrastructure, linked stocks surge

KuCoinFlash

Release Time: 05/28/2026 08:39:32

BTC

$73,952.20-0.1%

Summary

Bitcoin news highlights mining firms transitioning to AI infrastructure, with related stocks surging: KEEL, CIFR, IREN, WULF, and HUT rose 30%, 29%, 29%, 24%, and 22%, respectively. IREN purchased $1.6 billion in Dell Blackwell systems. TeraWulf acquired a 1 GW campus in Kentucky. Hut 8 signed a $980 million lease in Texas. The Fear & Greed Index indicates growing market confidence in this shift.

Odaily Planet Daily reports that 10x Research posted on X, stating that during Bitcoin's downturn, the mining and AI infrastructure sectors 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 transactions, 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 facility in Kentucky, and Hut 8’s signing of a $9.8 billion Texas leasing agreement—events that signal accelerating industry-wide adoption of Bitcoin mining companies toward AI infrastructure.

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