Bitcoin Mining Stocks Drop 35%: VanEck Says the Market is Making a Big Mistake! Here Are the Details
Photo: Bitcoin Sistemi
VanEck argued that the October sell-off among Bitcoin miners shifting to AI data centers did not reflect the companies' fundamental situation. Investment management company VanEck has stated that the sharp decline in the shares of companies transitioning from Bitcoin mining to AI data center infrastructure may be exaggerated. According to the company's assessment, shares in this group lost an average of 35 percent of their value in October. VanEck argues that investors are viewing companies operating in different parts of the AI infrastructure as a single investment theme.
Source: Bitcoin Sistemi
