10x Research: Mining companies' transition to AI infrastructure may reshape the next cycle and the structure of the crypto stock market

SmartContractAuditor · 2026-03-06T13:11:12+00:00

10x Research analysis shows that institutional capital inflows and changes in corporate balance sheets are transforming the crypto stock market, driving some stocks higher, such as Circle up 60% and Coinbase up 25%. At the same time, the shift of mining companies toward AI infrastructure could reshape the market landscape, with Bitdeer having liquidated its Bitcoin holdings, and the proceeds will accelerate this transition.

SmartContractAuditor

2026-03-06 13:11:12

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Odaily Planet Daily reports that 10x Research has released a new analysis on the X platform indicating that institutional capital inflows and changes in corporate balance sheets are quietly reshaping the crypto stock market landscape, driving some crypto concept stocks higher. Circle’s stock price has rebounded by about 60%, and Coinbase has increased by approximately 25%. At the same time, mining companies transitioning to AI infrastructure may reshape the next cycle. Bitdeer previously liquidated its Bitcoin reserves; although its ownership was diluted after completing convertible bond issuance and stock placement, the proceeds may be used to accelerate the transition to high-performance computing and AI infrastructure. This suggests a structural shift in the crypto mining sector, potentially redefining investor perceptions of the next cycle.

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