Crypto Mining Stocks jumped Tuesday after Nebius Group announced a five-year deal to deliver Microsoft (MSFT) with graphic treatment units worth $ 17.4 billion.
The deal, aimed at strengthening Microsoft’s artificial intelligence infrastructure, triggered investor enthusiasm for companies with large-scale computing power, bitcoin miner workers among them.
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Rallyed in mining even came as bitcoin Even gave up an early progress and fell by approx. 1% to $ 111,100 over the last 24 hours. The contrast emphasized how the investor’s attention is increasingly linked to the role of mining infrastructure could play in the AI boom rather than just Bitcoin’s price action.
Leading was a 22% gain for bitfarms (Bitf)While stocks in the chip mining (Digifr) rose 20%. IREN (Iren)Cabin 8 (Hut)Rebel platforms (RIOT) and terawulf (Wulf) was up in the middle of the teens percentages.
Interestingly, the weakest sector athlete Mara Holdings, who in recent months was placed as more of a Bitcoin Treasury company rather than high -performance computer player. Shares of Mara were higher by only 4% on Tuesday.
The great movements reflect the changing reality of the industry. For years, mining’s profitability was largely dictated by Bitcoin’s four -year half -life cycle when block rewards are cut in half. This rhythm no longer dominates, leaving companies exposed to increasing power costs, merciless hardware production and intensified competition. Hardware manufacturers like Bitmain continue to expand and add pressure to an already crowded field.
At the same time, AI is reshaping the business model. Gran workers with large energy footprints and advanced computer infrastructure examine ways to lease capacity for hyperscalers or turn against data center services. The Nebius-Microsoft Agreement highlighted how valuable GPU access has become and why markets rewarding miners with scalable infrastructure.
