Bitcoin rose to begin the week, shrugging off continued market turmoil from the war in Iran, while bitcoin mining stocks experienced saw mixed performances Monday morning.
At the time of writing, bitcoin is up 2.8% over 24 hours at $69,100.
Turning to bitcoin mining and data center stocks, Applied Digital (NASDAQ: APLD) gained 2.51% to reach $25.77. The company achieved ready-for-service status at the Polaris Forge 1 facility in October last year, with this buildout representing the first phase of a 400 MW AI/HPC campus.
MARA (NASDAQ: MARA) climbed 2.43% to $8.21. In February, Mara took a controlling stake in Exaion, the data center subsidiary of France’s national grid operator, EDF. French regulators previously paused the deal over national sovereignty concerns regarding domestic energy infrastructure.
IREN (NASDAQ: IREN) added 1.85% to hit $37.38 on Thursday. Last week, IREN filed a $6 billion at-the-market equity offering to finance the purchase of 50,000 NVIDIA B300 GPUs. The hardware acquisition expands IREN’s total GPU fleet to 150,000 for AI/HPC operations.
Other public bitcoin miners, who are also turning to AI/HPC data center business lines, fell after market open.
TeraWulf (NASDAQ: WULF) dropped 3.05% to $13.33. TeraWulf generated $16.9 million in revenue through AI/HPC services in 2025, and the company recently acquired two brownfield industrial sites in Kentucky and Maryland to add 1.5 GW of power capacity.
Bitfarms (NASDAQ: BITF) fell 2.21% to trade at $2.00. Bitfarms sold its Paso Pe Bitcoin mine in Paraguay for $30 million earlier this year as it eyes AI/HPC infrastructure development.
Cipher Mining (NASDAQ: CIFR) decreased 2.13% to $13.33. In February, Cipher Mining priced a $2 billion senior secured notes offering with a 6.125% interest rate to fund the Black Pearl data center in Wink, Texas. Cipher inked a deal with Amazon Data Services last year to lease 300 MW of its Barber Lake facility for AI workloads.
Header image by m. via Unsplash.
