TEM AI Infrastructure Growth Index fell 16%, with multiple mining executives reducing their holdings of stocks

According to Bitcoin.com News, the TEM AI Infrastructure Growth Index has fallen 16% in the past month. Beowulf E&D Holdings, managed by Paul Prager, Chairman and CEO of TeraWulf, sold 275000 shares of TeraWulf stock on June 29th, with an average transaction price of $26.596 and a profit of approximately $7.3 million; Since the end of March, Prager and its managed entities have sold approximately 1.59 million shares of TeraWulf stock, earning approximately $32.7 million. TeraWulf reached a 20-year AI infrastructure lease agreement with Anthropic on July 6th, expected to generate approximately $19 billion in contract revenue and support approximately 401 megawatts of critical IT loads. Cipher Digital CEO Tyler Page sold 112500 shares of CIFR stock on July 8th, with a market value of approximately $2.38 million. Riot Platforms CEO Jason Les sold 175000 and 250000 shares of stock on May and June 22, with market values of $4.2 million and $7.03 million, respectively. Core Scientific's Chief Legal and Administrative Officer Todd DuChene sold 140000 shares of stock on July 6th, with a market value of $3 million. The IREN board of directors approved the grant of 9099328 restricted stock units to joint CEOs William Roberts and Daniel Roberts on June 30th.