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AI-Centric Assets Draw Capital Away From Bitcoin, BlackRock’s Mitchnick Says

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2026-06-24 09:13:46
BlackRock’s Robbie Mitchnick said AI-focused assets have attracted capital that might otherwise have gone into Bitcoin and the broader crypto market.

According to NS3.AI, Mitchnick said AI stocks have outperformed Bitcoin in 2026.

He also said some Bitcoin mining companies are pivoting toward supporting AI data centers, citing higher profitability in AI-related operations than in BTC mining.
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