Bitcoin Miners Pivoting to AI Saw Stocks Fall an Average of About 35% in October

Bitcoin miners pivoting to AI saw their stocks fall an average of about 35% in October, according to VanEck's tracking. The signed leases at those companies remained intact, while about $23.4 billion in construction debt reaches its first early-repayment window in 2027 and 2028. The drawdown hit miners adding AI data-center business.