Crypto Mining Stocks Surge on Amazon’s $50 Billion AI Infrastructure Investment Plan
Crypto mining stocks experienced a broad rally, with the sector posting a 13.84% gain, led by spikes in companies like BitMine (nearly 20%) and Cipher Mining (over 18%). This surge is driven by the growing strategic importance of miners’ established power infrastructure to major tech companies, following Amazon’s announcement of a $50 billion investment in … Read more