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

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 take care of 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.