Clarity Act Odds Surge to 85%; Bitdeer Shares Drop After AI/Data-Center Fundraise

Odds that the Clarity Act will clear Congress before June briefly climbed to about 85% Thursday as discussions between lawmakers and the White House advanced. The jump reflects growing market confidence that legislators and executive officials are making progress toward a clearer regulatory framework for stablecoins and related crypto activities. Investors tracked the news as a sign that policy uncertainty for digital assets may ease in the near term, which could affect trading, issuer behavior and financial innovation tied to programmable money.

Meanwhile, public markets digested a separate development in the crypto mining sector. Bitdeer, a bitcoin-mining company, saw its shares fall after announcing a fundraising plan tied to a pivot into AI and data-center infrastructure. The move — framed by the company as a diversification into higher-margin, compute-intensive services — raised investor concerns about dilution, strategic focus and the execution risk of entering a competitive AI infrastructure market.

Analysts and traders typically react to two forces in these scenarios. On the policy side, clearer rules often reduce headline-driven volatility by providing guidance on compliance, custody and permissible product structures for stablecoins. On the corporate side, capital raises that signal strategic shifts can provoke sell-offs if investors worry short-term shareholder value will be sacrificed for longer-term repositioning. Bitdeer’s announcement combined both elements: it highlights the sector’s attempt to capture demand from AI workloads while also showing how miners are exploring new revenue streams as market conditions evolve.

Market participants will watch for follow-up developments. For the Clarity Act, stakeholders will look for formal votes, legislative text details and any executive branch endorsements that could cement expectations. For Bitdeer, investors will focus on fundraising terms, the timeline and cost of building or repurposing facilities for AI and whether the company can secure long-term commercial customers.

Taken together, Thursday’s headlines underscore a broader transition: regulatory clarity could reshape crypto market dynamics, even as individual companies recalibrate strategy in response to technological and capital-market pressures.