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Shares of Bitcoin miners leasing AI data centers dropped 35% in October amid financing concerns.

Market News
06 Nov 2026, 02:44 WIB
Tokenpost
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Bearish
Shares of Bitcoin miners leasing AI data centers dropped 35% in October amid financing concerns.

Shares of Bitcoin miners shifting to AI data-center leasing fell about 35% in October due to rising financing costs and higher interest rates, despite all signed leases remaining intact. The decline reflects tighter credit conditions and policy uncertainty rather than weak demand for AI infrastructure. Power-grid access remains a bottleneck, with only 2% of queued capacity operational in the U.S. Refinancing of $23.4 billion in construction debt may be delayed until 2029-2030, and future expansion could require up to $3.2 billion in new equity, posing dilution risks for investors.

Bitcoin miners pivoting to AI data-center leasing provide context for Pluang's market snapshot as of Nov 06, 2026 07:02 WIB: Among 50 major cryptocurrencies, only 3 rose while 46 fell today. Notably, XLM (Stellar) dropped 8.97% to Rp2.779 with a nearly balanced sell/buy order split, contrasting with GRT (The Graph) which fell 8.48% to Rp342 amid heavy selling (83% sell), and ADA (Cardano) down 8.38% to Rp3.289 with 67% sell orders. Typical hold times range from 85 to 128 days, indicating varied investor engagement.

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