Mining's Dark Days: Bitcoin Companies Dump BTC and Pivot to AI to Survive
Bitcoin mining profits have tanked with BTC down ~50% from its 2025 peak. Miners like Core Scientific are selling holdings and shifting to AI to stay alive in tough times.
/ 3 items
#ABTC↓
Strategy's Bitcoin Buying Blitz: Accounting for Nearly All Public Corporate Purchases in January
Strategy drove 97.5% of public-company Bitcoin purchases in Jan 2026, while Geode boosted stakes in MSTR and ABTC, signaling institutional confidence.
American Bitcoin Stock Plunges Despite Crypto Market Recovery
American Bitcoin shares tumble 37% on heavy trading volume despite Bitcoin's rebound, erasing billions in market value for the Trump-backed mining company.