Public Bitcoin miners diversify into AI as market cap exceeds $25 billion

Quick Take The ongoing miner capitulation, driven by a falling Bitcoin price, declining hash rate, and a meager hash price, has significantly impacted publicly traded Bitcoin miners. Despite this challenging environment, public miners have shown resilience post-halving, with a total market cap exceeding $25 billion and WGMI experiencing a 24% rise in June and a […] source: https://cryptoslate.com/insights/public-bitcoin-miners-diversify-into-ai-as-market-cap-exceeds-25-billion/