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Bitcoin Miners Became AI Landlords: $100 Billion in Deals, Ranked (and What Their Stocks Did)
Oct 18, 2026
Public bitcoin miners have signed more than $100 billion of AI data-center contracts. Hut 8 leads with $26.6 billion, TeraWulf has a 20-year deal with Anthropic, and IREN signed $9.7 billion with Microsoft. But the money is spread over 5 to 20 years, most rent starts in 2027-2028, and every one of these stocks is 49-69% below its 2026 peak.
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