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At close · Thu, Jul 9, 2026
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Home›Crypto›Market Structure›AI data-center contracts increasingly shape miner valu…

AI data-center contracts increasingly shape miner valuations

Analysts at Compass Point said markets are discounting future AI data-center pipeline demand despite billions of dollars in signed leases.

Reported · Written up by our desk · Market Structure

CoinDesk reports that Compass Point analysts Michael Donovan and Ed Engel said crypto mining valuations are being driven more by AI-related data-center contracts than by bitcoin itself.

The analysts said markets are giving little credit to future AI data center pipelines, even as billions of dollars in signed leases point to demand growth.

Sources

CoinDeskAI contracts, not bitcoin, now drive miner valuations, and Cipher and TeraWulf look cheap

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