PANews
PANews|Oct 06, 2025 09:23
[AI/HPC Boom Sweeps Through, Bitcoin Mining Stocks Leverage Transformation] According to Coindesk, driven by the surge in artificial intelligence (AI) and high-performance computing (HPC), the stock prices of several Nasdaq-listed Bitcoin mining companies saw a collective rise in pre-market trading. This trend stems from market optimism about the potential for mining companies to repurpose their existing large-scale power and infrastructure resources for data centers and AI computing services. Previously, leading mining companies such as Riot Platforms and Marathon Digital have announced or hinted at shifting their business focus to the AI/HPC sector to address the challenges of reduced Bitcoin mining profitability following the halving. Such strategic transformations are drawing significant investor attention, driving mining stocks to exhibit strong independent upward momentum even as Bitcoin prices remain relatively consolidated.
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