Bitcoin mining stock prices soar alongside broader tech rally

Core Insights - Bitcoin mining stocks pivoting to AI experienced a strong rally despite a selloff in Bitcoin itself, with the Nasdaq and S&P 500 gaining 1% and 0.8% respectively [1] - The Hashrate Index's Bitcoin Mining Stock Index rose 5.8%, indicating a broad recovery among bitcoin mining companies focusing on AI [2] Company Performances - Cipher Digital (NASDAQ: CIFR) led the rally with a 12.48% increase after reporting $60 million in earnings for Q4 2025 [3] - To support its AI transition, Cipher Digital plans to sell its entire bitcoin treasury, which included 1,166 BTC valued at approximately $74.5 million as of February 20, 2026 [4] - TeraWulf (NASDAQ: WULF) also saw a significant rise of 12%, as it is developing an AI data center in a multi-billion dollar partnership with Fluidstack [5] - Hut 8 (NASDAQ: HUT) increased by 9.55% and has signed a $7 billion AI deal with Fluidstack and Anthropic, with earnings scheduled for release on February 25 [5] - Other notable gainers included Bitfarms (up 7.84%), Core Scientific (up 5.8%), and Bitdeer (up 5.43%), with Bitdeer also selling its entire bitcoin treasury to fund AI development [6][7] - CleanSpark (NASDAQ: CLSK) and Hive Digital (NASDAQ: HIVE) rose by 5.4% and 5.21% respectively, while Marathon Digital Holdings (NASDAQ: MARA) lagged with a 2.22% increase [8]