This is sponsored content. Â Barchart is not endorsing the websites or products set forth below.
Bitcoin miners control something hyperscalers desperately need: land, power, and operational data center infrastructure. As AI compute demands surge beyond what traditional grids can deliver, companies with existing power contracts and facilities are racing to pivot from cryptocurrency mining to AI workloads.
Three leading Bitcoin miners sit at the center of this transformation: CleanSpark (CLSK) secured 1.5 gigawatts of power and 447 acres in Texas for AI data centers. Core Scientific (CORZ) rejected CoreWeave's $9 billion takeover and is building 400 megawatts of new capacity. TeraWulf (WULF) operates nuclear, hydro, and solar-powered facilities positioning for AI partnerships.
WULF surged over 200% over the past year. CORZ carries a Beta (an indicator of the price volatility of a stock in comparison with the broader market) of 6.84, reflecting extreme volatility. CLSK trades below its average analyst estimate of $23.39 despite Texas expansion momentum.
Heightened volatility is expected as these three companies release their upcoming earnings reports. To seek to capitalize on these moves, Tradr ETFs offers 2X leveraged ETFs that allow active traders to amplify their daily exposure to each stock:
Tradr ETFs | ETF Symbol | Description |
Cboe:Â CLSX | 200% leverage on CleanSpark stock | |
Cboe:Â COZX | 200% leverage on Core Scientific stock | |
Cboe:Â WULX | 200% leverage on TeraWulf stock |
Bitcoin Miner Infrastructure Meets High Beta Volatility
Bitcoin miners possess critical advantages for AI data center conversion: operational experience managing high-density computing, existing power purchase agreements, and facilities already built for intense electricity consumption. As these companies pivot from crypto mining to AI workloads, the market is repricing their value based on HPC contract announcements rather than Bitcoin production metrics.
CORZ sports a Beta of 6.87, making it extremely volatile. CLSK carries a Beta of 3.47, while WULF posts a Beta of 3.72. All three demonstrate significant price swings as investors reassess their potential to monetize power assets through AI partnerships.
Catalysts including earnings in early and late February, HPC contract announcements, and data center construction milestones create compelling conditions for traders using 2X leverage.
CleanSpark (CLSK)
CleanSpark is engaged in cryptocurrency mining while rapidly expanding into AI data centers. The Nevada-based company secured approximately 1.5 gigawatts of power access and agreements for up to 447 acres of development sites in Texas, including a 285-megawatt facility specifically targeting AI and high-performance computing infrastructure.
The Texas land and power contracts give CLSK tangible assets to support a shift toward AI revenue streams. The company generated $766 million in annual sales with $364 million in annual income. CLSK trades at $12.81, below the average analyst price target of $23.12, with targets ranging from $14 to $30.
The company holds over 13,000 Bitcoins from mining operations, providing a profitable base business generating earnings per share of $1.25 in fiscal 2025 to fund data center expansion.
The company is estimated to report earnings on February 5, 2026, providing traders with visibility into Q4 performance and updated guidance on Texas data center development timelines.
The Tradr 2X Long CLSK Daily ETF (CLSX) seeks double the daily exposure to CLSK's price action, turning the stock's volatility into a precision tool for high-conviction trades on the Bitcoin-to-AI infrastructure pivot. For more information about CLSX, CLICK HERE.
Core Scientific (CORZ)
Core Scientific builds and operates large-scale data centers, historically focused on Bitcoin mining but rapidly shifting to provide high-density infrastructure for AI and high-performance computing workloads. The Texas-based company offers power, cooling, and specialized hosting services to third-party clients.
BTIG upgraded CORZ to Buy from Neutral on January 6, 2026, maintaining a $23 price target. The upgrade came after the stock underperformed peers by 30% over two months despite significant AI computing contract potential. CORZ trades at approximately $18.89, with analyst consensus at $26.53, implying 29.6% upside.
CORZ carries an extreme Beta of 6.87, the highest in the basket, reflecting massive volatility as the company transitions from crypto mining to AI infrastructure. The company trades at a P/S ratio of 17.5 times, far above the software industry average of 4.7 times and peers at 3.4 times.
Investor opposition blocked CoreWeave's multibillion-dollar takeover in late 2025, leaving CORZ independent just as enthusiasm for data center expansion intensified. The company expects 400 megawatts of new data center capacity, positioning for additional HPC colocation contracts backed by strong power pipeline fundamentals.
The company is estimated to report earnings on February 25, 2026, providing traders with updates on HPC contract pipeline conversion and funding for capacity expansion.
The Tradr 2X Long CORZ Daily ETF (COZX) targets 200% of CORZ's daily performance, making it especially valuable for traders positioning on the extreme volatility as the company converts power assets into AI infrastructure contracts. For more information about COZX, CLICK HERE.
TeraWulf (WULF)
TeraWulf owns and operates fully integrated environmentally clean Bitcoin mining facilities powered by nuclear, hydro, and solar energy, principally in the United States. The Maryland-based company generates domestically produced Bitcoin using clean power sources, positioning it for potential AI data center partnerships focused on sustainability.
WULF generated $140 million in annual sales with current net losses of $72 million. The company's clean energy sourcing provides differentiation as hyperscalers increasingly prioritize carbon-free power for AI data centers. Most recent earnings of negative $0.07 per share on November 10, 2025, showed the company investing through the transition period.
Analysts maintain a Strong Buy consensus rating based on 14 analyst recommendations. Current quarter estimates project negative $0.12 earnings per share, representing a 50% decline year over year, reflecting continued investment in infrastructure transformation.
The company is estimated to report earnings on February 27, 2026, providing traders with visibility into operational progress and potential AI partnership developments.
The Tradr 2X Long WULF Daily ETF (WULX) aims for double exposure to WULF's movements as the company leverages clean energy infrastructure for AI data center opportunities. For more information about WULX, CLICK HERE.
Trade Leading Bitcoin Miners Pivoting to AI
Bitcoin miners control the land, power, and operational infrastructure hyperscalers need for AI compute. CleanSpark secured 1.5 gigawatts in Texas. Core Scientific rejected a $9 billion takeover to pursue 400 megawatts of AI capacity. TeraWulf operates clean energy facilities positioning for sustainability-focused partnerships.
These popular high-power compute stocks offer different approaches to the same pivot: monetizing power assets and data center expertise for AI workloads. WULF surged 121% over one year. CORZ carries a Beta of 6.87. CLSK trades 45% below analyst targets.
For active traders, Tradr's 2X leveraged ETFs provide tactical precision:
- CLSX – Tradr 2X Long CLSK Daily ETF
- COZX – Tradr 2X Long CORZ Daily ETF
- WULX – Tradr 2X Long WULF Daily ETF
These funds reset daily, giving fresh 2X exposure each trading day. When these stocks move 5% on earnings or contract announcements, the leveraged ETFs target 10% moves, before fees.
If you plan on trading these leveraged ETFs, remember:
- Daily reset: Performance targets apply to single trading days only
- Volatility cuts both ways: Leverage amplifies both gains and losses
- Active management required: Designed for traders monitoring positions, not passive investors
- Concentration risk: Single-stock ETFs provide no diversification
The Bitcoin-to-AI infrastructure pivot represents a multi-year transformation. These three leading stocks offer traders 2X leverage for high-conviction plays on miners converting power assets into AI data center capacity.
Leveraged ETFs Involve Significant Risks
Tradr ETFs are for sophisticated investors and professional traders with high conviction views and are very different from most other exchange-traded funds. Know the risks before you invest. The significant risks of leveraged and/or inverse ETFs include the risks of leverage, derivatives, and/or other complex investment strategies that they employ. These investments are designed for short-term trading for investors seeking daily, monthly or quarterly leveraged investment results.
Investors in the fund should: (a) understand the risks associated with the use of leverage; (b) understand the consequences of seeking daily, calendar month and calendar quarter inverse and leveraged investment results; (c) for short ETFs, understand the risk of shorting; (d) intend to actively monitor and manage their investment. Fund performance will likely be significantly different than the benchmark over periods longer than the specified reset period and the performance may trend in the opposite direction than its benchmark over periods other than that period.
The Funds seek leveraged investment results over a specific period and are intended to be used as short-term trading vehicles. The Funds pursue leveraged investment objectives, which means they are riskier than alternatives that do not use leverage because the Funds magnify the performance of their underlying security. The volatility of the underlying security may affect a Fund’s return as much as, or more than, the return of the underlying security.
The Fund will not attempt to position its portfolio to ensure it does not gain or lose more than a maximum percentage of its net asset value on a given trading day. As a consequence, investors in a Fund that seeks two times daily performance would lose all of their money if the Fund’s underlying security moves more than 50% in a direction adverse to the Fund on a given trading day.
ETFs involve risk including possible loss of principal. There is no assurance that the Fund will achieve its investment objective. Principal risks and other important risks may be found in the prospectus.
Investors should carefully consider the investment objectives, risks, charges and expenses of the fund before investing. To obtain a prospectus containing this and other important information, please visit www.tradretfs.com to view or download a prospectus online. Read the fund’s prospectus carefully before you invest.
Distributed by ALPS Distributors, Inc, which is not affiliated with AXS Investments or its Tradr ETFs. AXI000854
The above is sponsored content. Barchart was paid up to seventeen thousand five hundred dollars for placement and promotion of the content on this site and other forms of public distribution covering the period of January - February 2026. For more information please view the Barchart Disclosure Policy here.
/Microsoft%20Corporation%20logo%20on%20sign-by%20Jean-Luc%20Ichard%20via%20iStock.jpg)
/ServiceNow%20Inc%20logo%20on%20phone-by%20rafapress%20via%20Shutterstock.jpg)