Bitcoin mining stock prices saw mixed performances this week, with some stocks gaining while others lost. Bitdeer was the top performer, up 29.84%, while Hive led the laggards, down 16.03%. Every stock in this cohort is up by double digits on a monthly basis.

Investor interest in AI has boosted mining stock prices, with companies pursuing AI strategies. TeraWulf and IREN are raising funds through convertible notes, while Bitfarms proposed a $300 million convertible note. IREN recently announced a cloud services deal estimated to generate $500 million in annual revenue.

While IREN operates GPUs as a cloud provider, most other miners are building infrastructure for GPU operators, following Core Scientific’s model in its deal with CoreWeave. Bitcoin mining stock prices rallied mid-week before dropping by the end of the week.

Read more at Yahoo Finance: Bitcoin mining stock prices end week with mixed returns