HC Wainwright: The total market value of Bitcoin mining companies may exceed $100 billion in 2025
US investment bank HC Wainwright predicts that the price of Bitcoin will 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 value of gold. 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 the investment bank has listed MARA, RIOT, and CLSK as "pure mining companies" and CORZ, BTDR, WULF, Hut 8, IREN, BTBT, and HIVE as "mixed mining companies".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UNI falls below $15
Funding for Generative AI projects hits new high in 2024, raising $56 billion
According to Onchain Data, an Insider in this Altcoin Made 2.973 Times Profit, Earned $3.47 Million
According to cryptocurrency onchain data, an insider made a large profit in an altcoin. Here's everything we know.