You are currently viewing Miners Going Nuclear: A Symbiotic Synergy

Spurred by the recent Republican electoral trifecta earlier this month and the prospect of federal policy facilitating further and more widespread adoption, bitcoin notched a new all-time high above $90,000. While all eyes have been largely fixed on the regulatory outlook in Washington, Wall Street is taking note of the new margins for miners. Just as higher prices and lower costs magnify margins for traditional commodity producers, higher bitcoin prices and lower energy costs can make mining operations more economical. Beyond the increasing proliferation of bitcoin within investment portfolios, mining operations have become a focus of a new wave of mergers and acquisitions on Wall Street.

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