Bitcoin Mining Companies Transition to AI Power Infrastructure

According to BlockBeats, the valuation logic for Bitcoin mining companies is undergoing a transformation. These companies are evolving from traditional mining operations to becoming infrastructure suppliers for AI power generation. Data from October 19 indicates that funds tracking publicly listed mining companies have surged over 150% this year, significantly outpacing Bitcoin's 14% increase. Notably, Cipher Mining (CIFR source: https://www.binance.com/en/square/post/31264472538169?utm_source=BinanceNewsRSS