The Bitcoin mining companies’ AI infrastructure index has dropped 16% in the past month, with several executives from companies such as TeraWulf reducing their holdings.

Odaily reported that the TEM AI Infrastructure Growth Index fell by 16% over the past month. Beowulf E&D Holdings, managed by TeraWulf Chairman and CEO Paul Prager, sold 275,000 shares of a certain exchange on June 29 at an average price of $26.596 per share, generating a total revenue of approximately $7.3 million. Since the end of March, Prager and his management entities have sold a total of about 1.59 million shares of a certain exchange, with total revenue of approximately $32.7 million. On July 6, TeraWulf announced a 20-year AI infrastructure leasing agreement with Anthropic, which is expected to generate about $19 billion in contract revenue during the initial period and support around 401 MW of critical IT load. Cipher Digital CEO Tyler Page filed documents on July 8 to sell 112,500 shares of a certain exchange stock, valued at approximately $2.38 million. Riot Platforms CEO Jason Les sold 175,000 shares in May, valued at around $4.2 million, and sold 250,000 shares on June 22, valued at $7.03 million. Core Scientific's Chief Legal and Administrative Officer Todd DuChene filed documents on July 6 to sell 140,000 shares, valued at $3 million. On June 30, the IREN board approved granting 9,099,328 restricted stock units each to Co-CEOs William Roberts and Daniel Roberts. (Bitcoin.com News).