AI infrastructure firm CoreWeave (CRWV) has agreed to buy bitcoin miner Core Scientific (CORZ) in an all-stock deal valuing CORZ at approximately …
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Jefferies
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Finance
What Will Happen If Fed Chairman Jerome Powell Steps Down? Jefferies Chief Market Strategist Explains
by shayaanby shayaanSpeaking on the Power Lunch program on CNBC, Jefferies chief market strategist David Zervos said that a possible power struggle at the …
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Mining
Bitcoin Mining Profitability Increased by Almost 20% in May, Jefferies Says
by shayaanby shayaanBitcoin BTC$105,283.79 mining profitability rose by 18.2% in May, due to a 20% increase in the BTC price and a modest 3.5% …
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Mining
Bitcoin Mining Profitability Fell in April as Network Hashrate Rose: Jefferies
by shayaanby shayaanBitcoin BTC$106,546.31 mining profitability fell in April as the network hashrate rose, investment bank Jefferies said in a research report Tuesday. “BTC …
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Mining
Bitcoin Mining Profitability Down 7.4% in March as Prices, Transaction Fees Fell: Jefferies
by shayaanby shayaanBitcoin (BTC) mining profitability fell 7.4% in March, investment bank Jefferies said in a research report Friday. The drop was due to …
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Mining
U.S.-Listed Bitcoin Miners Accounted for 25% of Global Network in December: Jefferies
by shayaanby shayaanU.S.-listed bitcoin (BTC) miners accounted for 25.3% of the global network in December, Jefferies said in a research report on Thursday. The …
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Mining
Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says
by shayaanby shayaanBTC’s rise to record highs earlier this week is expected to allow miners to extend their November profitability into December, according to …
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Mining
BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies
by shayaanby shayaanJefferies initiated coverage of bitcoin miner Core Scientific with a buy rating and a $19 price target. The company is uniquely positioned …