Bitcoin Mining AI Index Drops 16% as Executives at TeraWulf and Others Sell Shares
2026-07-12 18:34

Woofun AI data shows the TEM AI Infrastructure Growth Index has declined by 16% over the past month. TeraWulf Chairman Paul Prager sold 275,000 shares on June 29 for $7.3 million, bringing total sales since March to 1.59 million shares worth $32.7 million. Despite a $19 billion AI lease with Anthropic, executives at Cipher Digital, Riot Platforms, and Core Scientific also filed or executed significant share sales totaling over $16 million. IREN granted 9,099,328 RSUs to its co-CEOs.

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