BlockBeats News, October 20th, the valuation logic of Bitcoin mining companies is being reshaped: they are no longer just “mining companies,” but infrastructure suppliers “powering AI.” Data from October 19th shows that the funds tracking listed mining companies have surged more than 150% this year, far exceeding Bitcoin’s 14% gain; among them, the stock prices of $Cipher Mining (CIFR.US)$ and $IREN Ltd (IREN.US)$ have skyrocketed by about 500% and 700% respectively this year. Investors are repricing these companies based on the potential of powering AI data centers, with U.S. mining companies holding 6.3 gigawatts of operational capacity and 2.5 gigawatts in ongoing projects, becoming the “fast lane” for AI companies to access electricity.
Amid this trend, investors can use BiyaPay to directly trade U.S. and Hong Kong stocks with USDT, participating in the stock prices of mining companies such as Cipher Mining and IREN. BiyaPay supports both spot and contract trading with USDT as the pricing unit, zero Maker fees for contracts, allowing investors to strategically position themselves in the new “hash rate + AI” track at low cost.
