Bitcoin mining is a game of survival, integration, and AI diversification: Bernstein | CoinDesk JAPAN | Coin Desk Japan

US-listed Bitcoin (BTC) mining stocks have more than doubled this year after being devastated by the 2022 cryptocurrency crash. investment firm Bernstein pointed out in a July research report. The strength and diversification of Bitcoin is a factor According to the report, there are two main factors behind this recovery. First, bitcoin’s price volatility has strengthened as sentiment has improved due to exchange-traded fund (ETF) filings by institutional investors such as BlackRock and Fidelity. Second, some bitcoin miners are taking advantage of opportunities in the areas of high-performance computing and artificial intelligence (AI) as a “revenue diversification strategy.” Consolidation of