Friday March 14, 2025

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

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

by Kevin Helms June 24, 2024 1 min read

(Originally posted on : Bitcoin News )

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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