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Bitcoin Mining AI Index Falls 16% as TeraWulf CEO, Others Cut Holdings

Stocks AI Tokens

2026-07-12 11:00:48

TEM-5.28%

According to Odaily, the TEM AI Infrastructure Growth Index declined 16% over the past month as executives at major mining companies reduced stakes. TeraWulf CEO Paul Prager's holding company sold 275,000 shares on June 29 at an average price of $26.596, generating approximately $7.3 million, with cumulative sales since late March totaling 1.59 million shares worth $32.7 million. Cipher Digital CEO Tyler Page filed to sell 112,500 shares valued at $2.38 million on July 8. Meanwhile, TeraWulf announced a 20-year AI infrastructure lease agreement with Anthropic on July 6, projected to generate $19 billion in contract revenue and support 401 megawatts of critical IT load.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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