Bitcoin’s August rally has revived some of the mining sector’s most beaten-down stocks, reversing a trend that has favored miners pivoting toward artificial intelligence and high-performance computing and suggesting investors may once again be rewarding direct exposure to Bitcoin.In its latest Miner Weekly newsletter, BlocksBridge Consulting reported that Bitcoin’s (BTC) roughly 23% rally over the past week outpaced most AI-linked infrastructure stocks.Three beaten-down Bitcoin mining companies — Canaan, American Bitcoin and Cango — gained between 41% and 67%. By comparison, CoreWeave rose about 21%, Nebius gained 17% and IREN advanced 15%, while some miners with heavier exposure to AI and…

In brief U.S. spot Bitcoin ETFs have seen inflows of $2.8 billion across eight consecutive trading sessions. Daily inflows have retreated from a peak of $606 million on August 20 to $232 million on Wednesday. HashKey’s Tim Sun told Decrypt the streak matters more than any single day, though its shrinking size points to weakening buying pressure. Bitcoin traded around $79,520 on Thursday, up 1.1% over the past day after touching an intraday high of $80,475, according to CoinGecko data, as U.S. spot Bitcoin ETFs extended a run that has drawn $2.8 billion across eight consecutive trading sessions.BlackRock’s IBIT accounted…

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