---
title: "Bernstein Reports Weekly AI-Related Bitcoin Mining Deals Exceeded 7.5 GW in July"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293613953.md"
description: "Bernstein reports that weekly AI-related Bitcoin mining deals exceeded 7.5 GW in July, valued at $150 billion under multiyear contracts. Power access remains a bottleneck for the AI industry, sustaining value in third-party computing capacity from miners. Consequently, stocks like Hut 8, IREN, MARA, and TeraWulf rose significantly after announcing major AI infrastructure deals, including leases and cloud services contracts."
datetime: "2026-07-23T12:04:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293613953.md)
  - [en](https://longbridge.com/en/news/293613953.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293613953.md)
---

# Bernstein Reports Weekly AI-Related Bitcoin Mining Deals Exceeded 7.5 GW in July

Bernstein said in a research report on Thursday that its weekly bitcoin mining industry deal tracker recorded a new AI-related deal each week in July, with total volume exceeding 7.5 gigawatts. According to Odaily, Bernstein said the deals were equivalent to $150 billion under multiyear contracts. Bernstein said power access remains the practical bottleneck for the AI industry as new U.S. data centers face more political resistance, and that third-party computing capacity from bitcoin miners will retain value. Earlier this week, bitcoin mining stocks rose by double digits after Hut 8 and IREN announced large AI infrastructure deals. Hut 8 said its AI data center campus secured a 15-year, $9.8 billion lease agreement, while IREN disclosed a $2.8 billion cloud services contract with an AI developer. Earlier in July, MARA Holdings said it planned to acquire a site in Texas with up to 2 gigawatts of capacity to expand its AI and digital infrastructure business. TeraWulf previously signed a 20-year data center lease agreement with AI startup Anthropic, which said the deal could generate about $19 billion in contract revenue.

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