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MarketBeat
MarketBeat
Dan Schmidt

These 3 Bitcoin Miner Stocks Are Riding the AI Data Center Boom

Bitcoin Core Scientific TeraWulf Hut 8 HUT WULF CORZ Mining

"A rising tide lifts all boats" is a popular piece of market jargon, but you can see why it sticks during rallies like the AI gold rush. Anyone and everyone is trying to get into the data center game today, including some former Bitcoin miners strategically pivoting to the next big thing. In particular, three companies stand out with this theme: Hut 8 Corp. (NASDAQ: HUT), TeraWulf Inc. (NASDAQ: WULF), and Core Scientific Inc. (NASDAQ: CORZ). Each has seen their company’s stock soar more than 100% year-to-date (YTD), but are these gains based on true future cash flows or just hype from a transcendent rally?

Pivoting From Bitcoin Miner to Data Center Landlord

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