Bitcoin (BTC) miners are extending gains in pre-market trading as the artificial intelligence and high-performance computing (AI/HPC) boom accelerates, particularly benefiting those pivoting their operations toward AI 0 (IREN) is up 4% at $66 after a 6% rise on Thursday, now up more than 520% 1 (WULF) is 5% higher pre-market after a 10% surge on Thursday, bringing its YTD gain to 150%. Other notable movers include Cipher Mining (CIFR) CleanSpark (CLSK) and Bitfarms (BITF), which all trade 2%-4% higher in 2 total market capitalization of the miners is nearing $90 billion, according to Farside data, and on this current trend could surpass $100 billion by year-end if current momentum 3 sector is also benefiting from broader trends, with Bloomberg reporting that Microsoft’s (MSFT) data center shortages will persist into 2026 due to soaring cloud and AI 4 adding as much as two gigawatts of new capacity, Microsoft is still struggling to scale infrastructure quickly enough to meet 5 the growing demand for high-performance infrastructure continues, this is boosting optimism around bitcoin miners expanding into AI and data centers.
Story Tags
Latest news and analysis from CoinDesk
