Wall Street tempers profit expectations from Bitcoin miners' pivot to AI

Bitfarms, Bitdeer and HIVE Digital saw the ratings on their stocks cut by the brokerage KBW, as the analyst Stephen Glagola signaled that the bitcoin miners' transition to HPC and AI hosting is fraught with execution risks.

ByDistroBrad1
January 27, 2026 at 12:00 AM
1 min read
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Bitfarms, Bitdeer and HIVE Digital saw the ratings on their stocks cut by the brokerage KBW, as the analyst Stephen Glagola signaled that the bitcoin miners' transition to high-performance computing (HPC) and AI hosting is fraught with execution risks.

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