Bitcoin Miners Notch Gains as Meta Signs 20-Year AI Deal With Nuclear Plant

From Yahoo Finance: 2025-06-03 15:23:00

Bitcoin miners are struggling despite BTC trading near record highs. The AI sector’s growing energy needs could be their saving grace. Meta signs a 20-year deal with a nuclear power plant to power AI operations, signaling tech giants’ commitment to infrastructure investment. Companies like MARA, RIOT, and HUT see gains as they diversify for AI. CoreWeave, a leading AI player, soars 23% in a day. Cryptocurrencies, including bitcoin, see modest gains. Coinbase and MicroStrategy equities also up. Nasdaq and S&P 500 show positive movement in traditional markets.



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