On June 24, BIT Official released a daily chart analysis stating that during the sideways movement of Bitcoin, individual stocks in the mining sector have shown an unusual strength against the trend. The divergence in market performance is attributed to a structural transformation in the industry: many Bitcoin mining companies are transitioning to AI data center hosting businesses, holding long-term power purchase agreements, and the value of these stable power resources is continuously increasing for large model enterprises. Although these companies still retain a significant amount of Bitcoin-related assets, investors are beginning to evaluate some mining companies based on the valuation logic of AI infrastructure, focusing on their power generation capacity, data center assets, and customer cooperation orders. This does not mean that Bitcoin is no longer the core anchor asset in the cryptocurrency market cycle. On the contrary, it indicates that during the sideways phase of Bitcoin's price, market funds are extending their attention to the energy, computing power, and data center infrastructure sectors behind Bitcoin mining.