Bitcoin is trading at 63,300 USD, about 17% below the average mining cost of 76,500 USD, but selling pressure from miners remains low.
Mining revenue has fallen sharply while some companies shift part of their computing capacity to AI infrastructure, changing how the market evaluates the Bitcoin mining stock sector.
Bitcoin mining stocks and related ETF funds have outperformed BTC over the same period, partly because these companies are increasingly being viewed as AI companies.
The CoinShares Bitcoin Mining ETF, ticker WGMI, is up 20% year-to-date. Meanwhile, Bitcoin is down nearly 30% over the same period, creating a performance spread of almost 50 percentage points.
This difference reflects a change in the operating model of listed mining companies, as some firms no longer focus solely on mining crypto assets.
$BTC
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Mining revenue has fallen sharply while some companies shift part of their computing capacity to AI infrastructure, changing how the market evaluates the Bitcoin mining stock sector.
Bitcoin mining stocks and related ETF funds have outperformed BTC over the same period, partly because these companies are increasingly being viewed as AI companies.
The CoinShares Bitcoin Mining ETF, ticker WGMI, is up 20% year-to-date. Meanwhile, Bitcoin is down nearly 30% over the same period, creating a performance spread of almost 50 percentage points.
This difference reflects a change in the operating model of listed mining companies, as some firms no longer focus solely on mining crypto assets.
$BTC
#Write2Earn
#45NgayTuDoTaiChinh
