April 20, 2025

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

1 min read

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

Bitcoin.com logo

Source: Bitcoin.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You may have missed