Home > Quick > Body

JPMorgan Chase: The total market value of US-listed mining companies reached a record $22.80 billion in June

clock
2024-06-17 10:48:02
The total market capitalization of the 14 U.S.-listed Bitcoin (BTC) miners after JPMorgan hit a record high of $22.80 billion on June 15, JPMorgan Chase said in a research note Monday. The bank noted that nearly all companies outperformed Bitcoin in the first two weeks of June, with Core Scientific (CORZ) the best performer, up 117 percent, and Argo Blockchain (ARBK) the worst performer, down 7 percent. Bitcoin fell 3 percent in the same period.
According to reports, bitcoin mining stocks rose in the first half of the month as investors reacted positively to news of a deal between Core Scientific and artificial intelligence company CoreWeave.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.