Bitcoin Mining Is So Back (Except It’s AI Now)
Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It’s paying off, at least in their stock prices.
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Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It’s paying off, at least in their stock prices.
The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.