Bitcoin Miners Rally as Anthropic's $20 Billion Fundraising Sparks AI Enthusiasm
By John Nada·Jan 27, 2026·2 min read
Bitcoin miners are seeing significant gains following Anthropic's announcement of a $20 billion fundraising round, reflecting a surge in AI investment interest.
Bitcoin miners are surging as Anthropic's latest fundraising efforts ignite excitement in the AI sector. The company, known for its AI chatbot Claude, is set to raise $20 billion, double its initial target, according to the Financial Times. This significant capital influx comes at a valuation of $350 billion, showcasing the strong investor appetite for AI technologies.
The news has positively impacted miners pivoting towards AI and high-performance computing (HPC) infrastructure. Companies like IREN, TeraWulf, Cipher Mining, and Hut 8 have all seen notable gains. Specifically, IREN and Cipher Mining are both up by more than 12%, while Hut 8 and TeraWulf have posted increases of over 8%. Additionally, the AI-linked token Near Protocol has seen a modest rise.
The San Francisco-based Anthropic had initially aimed for a $10 billion investment round. However, the overwhelming interest from investors has led to a significant increase in the amount being raised. The funding round is being led by the Singaporean sovereign wealth fund GIC and U.S. investor Coatue, with Sequoia Capital also making a substantial contribution. Reports suggest that between $10 billion and $15 billion of this capital could be available as soon as Tuesday, with the remainder finalized in the following weeks.
In the backdrop of this funding round, tech giants Microsoft and Nvidia have already committed substantial investments to Anthropic, pledging $10 billion and $5 billion, respectively. This further illustrates the growing confidence in AI's future.
The implications for the market are significant. With increased investments in AI, companies transitioning from traditional mining to AI infrastructure are likely to see sustained interest and growth. The rapid rise in value for these companies indicates a shift in investor focus, from conventional crypto mining operations to innovative technologies that leverage AI capabilities.
In summary, Anthropic's fundraising success not only underscores the booming interest in AI but also signals a transformational moment for bitcoin miners adapting to new technological landscapes. As they embrace AI and HPC, these companies are positioning themselves at the forefront of a rapidly evolving market. The convergence of AI and crypto could redefine the mining sector's future, making it a pivotal time for investors and companies alike.