Miners raise $35 billion in debt for AI infrastructure as growth slows
- —14 companies raised $35 billion in net debt over six months
- —CoreWeave, Nebius, Hut 8 and IREN accounted for about 76% of funds raised
- —$30 billion of the $35 billion has already been invested in construction
- —TheEnergyMag's AI infrastructure index fell 9% on September 15
Why it matters: Heavy debt constrains miners: delays in AI capacity revenue could hurt their ability to service loans.
Source: Cryptocurrency.tech