JPMorgan says Bitcoin mining firms are shifting from pure BTC mining to selling computer power for AI. It raised ratings for Cipher Mining and CleanSpark but cut targets for Marathon Digital and Riot Platforms over concerns about share dilution.
JPMorgan says Bitcoin mining firms are shifting from pure BTC mining to selling computer power for AI. It raised ratings for Cipher Mining and CleanSpark but cut targets for Marathon Digital and Riot Platforms over concerns about share dilution.