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Home»Mining»JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal
Mining

JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal

June 25, 2024No Comments1 Min Read
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Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave. According to JPMorgan, the combined market capitalization of 14 tracked miners has increased by $4 billion since the announcement. This rise occurred even as bitcoin […]

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See also  IREN Shares Rise in Pre-Market Trading on Earnings Report, AI Growth Outlook
Bitcoin Cap Deal Hosting JPMorgan Jumps market miners
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