PANews reported on March 27 that according to Cointelegraph, Microsoft canceled some data center investments in the United States and Europe due to concerns about oversupply of AI computing power, causing the stock prices of many crypto mining companies, including Bitfarms, CleanSpark, Marathon, etc., to fall by 4%-12% on the same day. Analysts said that this move has increased mining companies' dependence on AI business, and the decline in revenue after Bitcoin halving has put pressure on the industry. Microsoft plans to turn to the transformation of existing center equipment and is expected to further slow down expansion in the second half of 2025.