Crypto Mining Stocks Surge Following Microsoft-Nebius $17.4B Partnership

TLDR Nebius secured a massive $17.4 billion deal to provide GPU technology to Microsoft through 2031 Crypto mining stocks surged with Bitfarms up 22% and Cipher Mining rising 20% Nebius stock soared nearly 50%, reaching an intraday high of $98.68 The rally in mining stocks occurred despite Bitcoin falling 1% The deal highlights how AI [...]

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