HC Wainwright: The total market value of Bitcoin mining companies may exceed 100 billion US dollars by 2025
The American investment bank HC Wainwright wrote this week that it expects the price of Bitcoin to reach $225,000 per coin by the end of 2025. This means that the market value of Bitcoin will reach $4.5 trillion, accounting for about 25% of the gold market value. At the same time, HC Wainwright also predicts that the total market value of Bitcoin mining companies will exceed $100 billion. It is reported that this investment bank lists MARA, RIOT and CLSK as "pure mining companies", and CORZ, BTDR, WULF, Hut 8, IREN, BTBT and HIVE as "mixed mining companies".
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