---
title: "Mining companies are shifting from Bitcoin mining to AI, leading to a rise in the stock prices of Keel and Hive."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283703432.md"
description: "Mining companies are transitioning from Bitcoin mining to AI, boosting stock prices for Keel Infrastructure and Hive Digital Technologies. On April 22, Keel's shares rose after selling its Paraguay mining farm for $13 million to focus on AI. Hive raised $115 million in a funding round for GPU purchases and data center development. Over the past month, Keel's shares increased by over 40%, while Hive's rose by 31%. Additionally, Core Scientific plans to issue $3.3 billion in high-yield bonds for its AI infrastructure transformation."
datetime: "2026-04-22T16:54:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283703432.md)
  - [en](https://longbridge.com/en/news/283703432.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283703432.md)
---

# Mining companies are shifting from Bitcoin mining to AI, leading to a rise in the stock prices of Keel and Hive.

Shares of Keel Infrastructure and Hive Digital Technologies rose on April 22. Keel completed the sale of its Paso Pe mining farm in Paraguay, raising $13 million to completely exit the Bitcoin mining business and shift its focus to high-performance computing and AI development in North America. Hive Digital Technologies completed a $115 million private funding round, which will be used to purchase GPUs and develop data centers. Shares of the two companies have risen by more than 40% and 31%, respectively, in the past month. In addition, Core Scientific announced plans to issue $3.3 billion in high-yield bonds to fund its transformation into AI infrastructure.

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