⛏️ 20% of $BTC #Bitcoin Miners Are Now Unprofitable — and Wall Street Is Buying Their AI Infrastructure

Bitcoin's production cost sits around $84,300 per coin against a current market price of $62,200 — meaning roughly 20% of all miners are now operating at a loss. Publicly traded miners sold more than 32,000 $BTC #Bitcoin in Q1 2026 to cover operating costs, more than they sold in all of 2025 combined. Here's the twist though: Wall Street isn't running from these companies, it's buying their infrastructure. Mining facilities that were built for $BTC #Bitcoin proof-of-work computation are increasingly being repurposed or dual-purposed for AI and high-performance computing workloads, and institutional capital is paying a premium for the power capacity and physical infrastructure these miners already have in place. The miners suffering in the $BTC #Bitcoin market are becoming AI infrastructure plays in a completely different capital allocation story.