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The market is repricing Bitcoin mining companies, shifting focus from mining revenue to their AI infrastructure value. Funds tracking listed mining companies have significantly outperformed those focused solely on Bitcoin.

Bittensor’s TAO token has surged amid market weakness, supported by institutional backing, record volumes, and strong staking participation. As its first halving nears, investors see growing potential in TAO’s decentralized AI ecosystem.


Several altcoins are flashing signs of strength as October draws to a close. Technical setups hint that a few, OG, TRX and BNB — could be nearing all-time high levels, signaling potential momentum plays in the final stretch of the month.
- 14:35TeraWulf partners with Fluidstack to launch a $9.5 billion AI data center project, backed by Google; stock price surges 25%ChainCatcher news, according to The Block, TeraWulf has partnered with AI cloud platform Fluidstack to build a 168 MW high-performance AI data center in Texas. The project is supported by a $1.3 billion lease from Google. TeraWulf holds a 51% stake, and the total contract value reaches $9.5 billion. The project is expected to be completed in the second half of 2026, pushing the company's total capacity beyond 510 MW. The company also disclosed that Q3 revenue increased by approximately 84% year-on-year. Stimulated by the news, the stock price rose by 25%, and has increased by more than 130% since the beginning of the year.
- 14:34James Wynn's 40x leveraged Bitcoin short position partially liquidatedAccording to ChainCatcher, as monitored by Onchain Lens, with the rise in bitcoin prices, James Wynn's 40x leveraged bitcoin short position has been partially liquidated. Currently, bitcoin appears to remain bullish, and it is expected that his short position will be fully liquidated.
- 14:32TeraWulf partners with Fluidstack to develop $9.5 billion AI data centerJinse Finance reported that bitcoin mining company TeraWulf has announced a partnership with AI cloud platform Fluidstack to develop a 168-megawatt AI data center in Abernathy, Texas. The project has secured $1.3 billion in lease support from Google and is expected to generate approximately $9.5 billion in contract revenue for the joint venture, with TeraWulf holding a 51% ownership stake. The facility will serve global hyperscale AI platforms focused on cutting-edge foundational models and is expected to be completed in the second half of 2026. The cost per megawatt of critical IT load for the project ranges from $8 million to $10 million and will be financed through project-level debt supported by Google's lease obligations.