Bitcoin (BTC) Miners With Engaging Energy Contracts Are Potential M&A Targets, JPMorgan (JPM) Says

Bitcoin (BTC) Miners With Engaging Energy Contracts Are Potential M&A Targets, JPMorgan (JPM) Says

by Jeremy

Mergers and acquisitions are heating up within the mining sector, after the halving. On Tuesday, shares of Core Scientific (CORZ) surged increased after cloud computing agency CoreWeave signed a 200 megawatts (MW) synthetic intelligence cope with the bitcoin miner, and was additionally reported to have made a suggestion to purchase the corporate in an all-cash deal. In the meantime, one other massive bitcoin miner, Riot Platforms (RIOT), made a hostile supply to purchase out peer Bitfarms (BITF) final month.

Supply hyperlink

You have not selected any currency to display