Grayscale reported on October 20, 2026 that AI compute infrastructure stocks have fallen approximately 27% since the end of September 2026, with the decline attributed to concerns about higher borrowing costs. The crypto asset manager views this correction as a buying opportunity, as demand for AI compute remains strong and is expected to keep growing. The firm notes that demand is shifting toward inference workloads, driven by lower token prices and rising utilization of AI agents. Two major bottlenecks persist: power access and construction time for data centers, estimated at 2 to 5 years. Grayscale rebranded its Bitcoin Miners ETF to Grayscale AI Compute ETF (GCPU) on September 22, 2026, just days before the selloff began.
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