# Mining & Crypto Equities — crypto narrative tracker

> Public miners, the miner→AI/HPC pivot, and crypto-treasury company narratives.

_Regime: range · market +0.6% 7d · Fear & Greed 26 · updated 2026-07-26 06:00 UTC_

**Peak strength today: 15.8** (cross-source convergence). Daily peak strength 2026-06-11 → 2026-07-26: 10.9, 10.5, 15.2, 10.5, 7.7, 11.9, 9.3, 15.9, 13.9, 13.4, 16.3, 13.5, 13.5, 13.1, 9.4, 14.5, 6.9, 10.8, 10.7, 14.0, 11.1, 9.2, 10.5, 10.9, 11.2, 9.1, 10.5, 15.9, 12.9, 18.4, 15.9, 14.0, 12.5, 10.4, 16.5, 13.6, 13.4, 15.8, 15.9, 15.8.

## Current narratives
- **Bitcoin Mining Industry Stress** — strength 15.8 · narrative, no flow ↓ · underperform · BTC -0.3% 7d
  - Bitcoin mining pools and companies facing financial distress, bankruptcy filings, and pivots to AI.

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