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Bitcoin miners shift to AI amid mining losses, selling BTC to fund new tech investments.

Market News
01 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin miners face losses as mining costs exceed Bitcoin's market price, prompting some to sell BTC holdings to fund AI and computing ventures. Riot Platforms exemplifies this trend, selling 500 BTC recently and reducing its Bitcoin treasury while expanding into AI-related data center investments. This shift signals a structural change in miner behavior, as profitability pressures and rising mining difficulty push miners to diversify beyond traditional Bitcoin mining. The trend may continue into Q3 2026, impacting Bitcoin miner economics and market dynamics.

More News

Global data center infrastructure market to hit $752B by 2034, driven by cloud, AI, and digital growth.

Global data center infrastructure market to hit $752B by 2034, driven by cloud, AI, and digital growth.

The global data center infrastructure market, valued at $297.07 billion in 2025, is projected to grow at a 10.9% CAGR to reach $752.12 billion by 2034. Growth is fueled by rising cloud adoption, AI workloads, digital transformation, and demand for en...

Market News
Bullish
1 hour ago
Dimensional Fund Advisors reduces stake in Beazley PLC by selling 730,460 shares.

Dimensional Fund Advisors reduces stake in Beazley PLC by selling 730,460 shares.

Dimensional Fund Advisors Ltd disclosed a sale of 730,460 ordinary shares of Beazley PLC, reducing its holding to 0.89% as of June 30, 2026. This transaction reflects a partial exit from their investment in Beazley PLC. The sale price per share was a...

Market News
Neutral
1 hour ago
Global pyrometer market to double to $1.15B by 2035, driven by industrial automation and semiconductor growth

Global pyrometer market to double to $1.15B by 2035, driven by industrial automation and semiconductor growth

The global pyrometer market, valued at $544.55 million in 2025, is projected to reach $1.15 billion by 2035, growing at a CAGR of 7.57%. This growth is fueled by rising industrial automation and expansion in semiconductor manufacturing, which increas...

Market News
Bullish
3 hours ago
Abeona Therapeutics grants restricted stock to new employees as hiring incentive under Nasdaq rules.

Abeona Therapeutics grants restricted stock to new employees as hiring incentive under Nasdaq rules.

Abeona Therapeutics announced it granted restricted stock awards to five new non-executive employees as an inducement to join the company, totaling up to 9,000 shares. These shares will vest over three years, contingent on continued employment. This ...

Company Fundamentals
Neutral
3 hours ago
Deadlines set for lead plaintiff appointments in class action lawsuits against BitGo, ADMA Biologics, and Erasca.

Deadlines set for lead plaintiff appointments in class action lawsuits against BitGo, ADMA Biologics, and Erasca.

Holzer & Holzer, LLC announced deadlines for investors to seek lead plaintiff status in shareholder class action lawsuits against BitGo Holdings, ADMA Biologics, and Erasca. The lawsuits allege these companies made false or misleading statements affe...

Market News
Bearish
3 hours ago
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