Wall Street’s bullish on bitcoin miners turning to AI – should you be, too?

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Nov. 02, 2024 4:02 PM ETBitcoin USD (BTC-USD) CryptoWULF, RIOT, HIVE, MARA, CLSK, HUT, BTBT, BITF, CIFR, BTDR, IREN, CORZBy: Max Gottlich, SA News Editor
(4min)

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As bitcoin (BTC-USD) miners pivot toward artificial intelligence to diversify revenue streams, Wall Street’s optimism is rising, raising the question whether investors should, too, be bullish.

With the April bitcoin (BTC-USD) halving event slashing the reward for mining