Bitcoin mining companies are shifting focus to hybrid models with AI and high-performance computing, outperforming Bitcoin itself. Investors are valuing miners for their tech infrastructure potential. Firms like Cipher and IREN have seen significant stock gains by pivoting to AI. The shift comes after Bitcoin halving and rising network difficulty.

While Bitcoin is up 14% in 2025, mining firms have soared over 150% this year. Companies like TeraWulf and Bitdeer are transitioning major mining sites into AI data centers. The move towards AI-HPC is due to shrinking profit margins from Bitcoin halving, with miners reallocating power capacity for AI infrastructure.

Investors are now valuing Bitcoin mining firms for their AI opportunities, with companies like Cipher and IREN seeing stock gains of up to 500% this year. As Bitcoin halving and rising network difficulty squeeze profit margins, firms are pivoting towards AI to improve revenue and EBITDA margins.

Read more at Yahoo Finance: Crypto Miners Riding the AI Wave Are Leaving Bitcoin Behind