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

📌 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

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 — a move poised to boost demand for data‑center power. #Bitcoin miners, hit by lower post‑halving rewards in 2024, face declining profitability even as energy demand rises. Mining