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

June 6, 2024
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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.



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Tags: AttractiveBitcoinBTCContractsJPMJPMorganMinersPotentialPowerTargets
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