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Bitcoin Miners WULF, HUT, RIOT Surge Up to 17% on May 26 as AI Infrastructure Demand Accelerates

GateNews

Stocks Price Volatility AI Tokens

2026-05-27 15:24:09

BTC-2.11%

HUT21.12%

RIOT0.49%

IREN27.45%

On May 26, shares of Bitcoin mining companies jumped as investors positioned for a new narrative: crypto miners could become major beneficiaries of the artificial intelligence boom. TeraWulf (WULF) surged 17% following an acquisition announcement for a new Kentucky data center, while Hut 8 (HUT), IREN, and Riot Platforms (RIOT) all closed up more than 5%. According to Bernstein research, 11 publicly traded Bitcoin miners collectively control approximately 27 gigawatts of existing and planned power capacity—a critical advantage as reliable electricity access becomes a key bottleneck for scaling AI infrastructure globally. Unlike many AI startups, Bitcoin miners already operate large-scale facilities with substantial energy access and industrial cooling systems, making their existing resources increasingly valuable to companies racing to build more computing capacity.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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