IREN shares fall as Bitcoin miner faces mounting AI conversion costs, with BTC price at $77783.24 inside Bollinger bands and EMA50 support at $76756.43.

Keel Infrastructure halts every U.S. Bitcoin mining site after 50% revenue drop and $141 million Q2 losses, completing full AI switch.

Coinbase CEO Brian Armstrong labels crypto firms pivoting to AI as zero-sum thinking, urging focus on blockchain amid 2026 shifts.

Yield Guild Games kills crypto game publishing unit and lays off 35 staff for AI focus, with YGG at $0.02 holding EMA50 support amid MACD golden cross.

Bitcoin draws fresh attention as André Dragosch highlights Polymarket data on the three-year AI shift cycle at $63099.08.

Keel Infrastructure reports $145 million loss amid shift from Bitcoin mining to AI, impacting crypto market trends and BTC price predictions.

According to @CNBC, Meta has executed layoffs in its virtual reality operations and closed certain VR studios, underscoring a strategic pivot from VR toward artificial intelligence (AI). Source: CNBC. This indicates a reallocation of headcount and operating resources away from VR development toward AI initiatives, a material signal for traders evaluating exposure to AI infrastructure and large-cap AI leaders. Source: CNBC. For crypto markets, the AI narrative linkage means participants may watch AI-related digital asset sentiment, although no specific token movements were cited in the report. Source: CNBC.

According to the source, the claim that Bitfarms (BITF) will wind down Bitcoin (BTC) mining and pivot to AI after a $46 million loss requires verification from an official company disclosure before a trading-oriented summary can be provided. Please supply one of the following: an official Bitfarms press release or investor presentation; the latest SEC/SEDAR filing (e.g., Form 6-K, 40-F, MD&A); an earnings call transcript; or an exchange notice. Source: user-provided social media post linking to third-party media.