Nvidia’s deepened partnership with CoreWeave raises pressure on bitcoin miners pivoting to AI infrastructure.
Here are the winners and losers (so far) in bitcoin mining from Nvidia’s $2B CoreWeave investment
Nvidia’s deepened partnership with CoreWeave raises pressure on bitcoin miners pivoting to AI infrastructure.
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Your look at what's coming in the week starting March 16.
However, other data from Glassnode suggests that investor demand for BTC remains solid.
The companies plan to collectively pick up $3 billion worth of bitcoin this year, with MicroStrategy's targeting the purchases in Q1 2025.
The crypto asset manager argued that while the current drawdown mirrors the anxiety of 2018 and 2022, long-term upside catalysts remain intact.