A Moomoo report says bitcoin mining companies pursuing an artificial-intelligence transformation are commanding a valuation premium as high as 100 times that of more conventional mining-focused peers. The report frames the gap as a capital-markets issue, with investors assigning far greater value to companies positioned around AI infrastructure than to operators primarily tied to bitcoin production.
The report also links this shift in investor preference to a 21% plunge in Bitcoin network hashrate. Hashrate is a widely used measure of the computing power securing the Bitcoin network and processing mining activity. A decline can reflect changes in the amount of mining equipment operating on the network, though the headline does not specify the period or drivers behind the reported drop.
Bitcoin miners operate energy-intensive data centers filled with specialized hardware that compete to validate transactions and earn bitcoin rewards. Some firms have sought to adapt their power capacity, cooling systems and data-center operations for AI and high-performance computing workloads. Moomoo’s report suggests that this strategic repositioning has become central to how the market differentiates mining companies, even as Bitcoin’s underlying mining network faces a sharp reported reduction in hashrate.
