TechFlow reports that on March 6, a new analysis by 10x Research highlighted how institutional capital inflows and shifts in corporate balance sheets are quietly reshaping the cryptocurrency stock market—driving gains in select crypto-related equities. Circle’s share price has rebounded approximately 60%, while Coinbase has risen roughly 25%. Meanwhile, bitcoin miners’ pivot toward AI infrastructure may redefine the next market cycle: Bitdeer recently liquidated its entire Bitcoin reserve. Although its equity was diluted following the completion of its convertible bond issuance and share placement, the proceeds raised are expected to accelerate its transition into high-performance computing and AI infrastructure. This signals a structural transformation across the mining sector—one that could reshape investor expectations for the next cycle.
Earlier reports indicated that publicly listed Bitcoin miners have sold 15,000 BTC since October—valued at approximately $1.05 billion.
