[Bitcoin Miners Transition to AI Data Centers, Liquidating 15,000 BTC] In March 2026, the cost of mining Bitcoin reached $87,000 per coin, while the market price was only $67,000, resulting in a net loss of $20,000 for every Bitcoin mined. Several mining companies chose to liquidate their Bitcoin holdings and transition to AI data centers. Core Scientific sold approximately 1,900 BTC in January 2026 and plans to convert its Texas mining facility into an AI hosting center. MARA authorized the sale of 53,822 BTC and partnered with Starwood Capital to build a 1GW AI data center. Cango sold 4,451 BTC in February 2026 to repay debts and fund its AI transition. Bitdeer liquidated its holdings while expanding its self-operated computing power to become the largest globally. After the transition, mining companies redirected their electricity resources to AI hosting, achieving valuation premiums of over 10 times. On-chain data suggests that miner sell-offs may signal a market bottom.