Crypto Bull Run Conditions Are Forming and Pepeto Presale Wallets Already Locked In Before Listing Day Hits

The crypto bull run everyone keeps waiting for is leaving fingerprints across the data even as Bitcoin drifts at $63,000 and the broader market grinds sideways. Riot sold 4,300 BTC during Q2 to fund a $9.1 billion AI data center lease, flipping corporate Bitcoin strategy from holding toward revenue diversification, and when miners start converting hash power into AI infrastructure the supply pressure that feeds the next crypto bull run tightens by default. Mining costs hit $49,912 per coin, squeezing margins hard enough to force the largest operators into a pivot.

While the debate plays out, the wallets that built the biggest positions last cycle never waited for confirmation. That is exactly what $10.6 million in early capital already did inside the Pepeto

presale, taking position before any exchange lists the token.

Crypto Bull Run Data Builds as Bitcoin Miners Pivot to AI

Riot reported Q2 revenue of $174.2 million, but Bitcoin mining revenue dropped to $113.7 million as lower prices and a rising hash rate crushed returns, according to CryptoBriefing. The company held 11,380 BTC after selling 4,300, and total mining cost including depreciation reached $90,631 per coin. The pivot is unmistakable: Riot signed a 20 year lease for 191 megawatts with a frontier AI lab worth $9.1 billion, as reported by Quartz.