Mining Stocks Jump 20% as Amazon’s $50B AI Push Boosts Demand for Power

Crypto mining stocks jumped as much as 20% led by BitMine and Cipher Mining, after Amazon unveiled plans to invest up to $50 billion in AI infrastructure for U. S. government agencies. This shift comes as Bitcoin miners face declining profitability following the 2024 halving event source: https://beincrypto.com/crypto-mining-stocks-ai-data-center-expansion/