Two big U.S.-listed Bitcoin miners plan major exit for AI

TheStreet · Neo · 2026-11-06 13:00 UTC

Two Nasdaq-listed Bitcoin miners report shrinking mining revenue and surging AI income during a bruising week for tech stocks.

Bitcoin miners have spent years running warehouses full of power-hungry machines that compete to secure the network and earn new coins.

Now two of the biggest names in the business are pointing that power somewhere else.

Core Scientific and IREN, both listed on Nasdaq, reported results on Nov. 5 for the quarter ending Sept. 30.

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