Bitcoin miners expanding to high-performance computing (HPC) and AI entered Tuesday trading with mixed momentum, with standouts TeraWulf (NASDAQ: WULF) and Applied Digital (NASDAQ: APLD) posting gains of 10% week-over-week, while the broader sector struggled.
Terawulf (NASDAQ: WULF) shares opened Tuesday at $14.65, up 10.07% over the last five trading sessions. Applied Digital (NASDAQ: APLD) began the day at $39.95, reflecting a 9.69% weekly gain.
Core Scientific (NASDAQ: CORZ) also outperformed, entering the session at $19.39, a 4.75% increase over the five-day trading period. These gains contrasted with losses for Riot Platforms (NASDAQ: RIOT) and HIVE Digital (NASDAQ: HIVE), which dropped 7.89% and 7.72% respectively over the same timeframe.
Galaxy Digital (NASDAQ: GLXY) shares opened at $31.71, down 2.13% on the week. CEO Mike Novogratz recently commented that the company may be under negotiations with hyperscaler tenants for a 830-megawatt expansion at its Helios data center in Texas that will bring the site’s total capacity to 1.6 GW.
Hut 8 (NASDAQ: HUT) shares began Tuesday trading at $57.35, down 2.93% over the last five trading days. Hut 8 recently presented plans for a 500-megawatt facility in Logan County, Illinois, pending approval, and the company estimates it will spend between $4 billion and $5 billion on the data center.
CleanSpark (NASDAQ: CLSK) shares opened at $12.64, down 0.75% week-over-week. J.P. Morgan maintained an Overweight rating on CleanSpark last week. The bank noted the proximity of CleanSpark’s recent land acquisitions to Houston and other major metros makes the infrastructure suitable for AI inference applications.
Bitdeer (NASDAQ: BTDR) saw one of the largest weekly losses of the bunch, shedding 7.37%. The company recently launched its NVIDIA GB200 NVL72 infrastructure in a third-party data center in Malaysia.
HIVE Digital announced plans to expand its operations in Paraguay by 100 megawatts in 2026. The company is also launching a new AI cloud platform alongside its existing 300-megawatt cryptocurrency mining infrastructure. HIVE shares opened at $2.99, down 7.74% week-over-week for the largest loss of the bunch.
Other miners saw declines heading into Tuesday’s session. Cipher Mining (NASDAQ: CIFR) stood at $17.37, down 5.03% for the week, while Bitfarms (NASDAQ: BITF) traded at $2.56, down 6.23%. MARA Holdings (NASDAQ: MARA) opened at $10.11, a 3.81% decline, and IREN (NASDAQ: IREN) began the day at $54.91, down 1.86%.
