MNRSGrayscale Bitcoin Miners ETF

Bit Digital shares climbed nearly 20% in midday trading, putting the stock on track for its largest single-day gain in more than a year.

Wall Street analysts raised their price targets on HUT’s stock following the company’s announcement of a $10 billion AI data center lease in Texas.

The upgrades come after Hut 8’s $3 billion bond deal to finance a Google-linked AI data center.

Despite optimism, KEEL shares fell over 6% intraday, showing a disconnect between sentiment and price action.

Many top companies like Hut8 Corp and Riot platforms have moved into HPC and AI infrastructure, in an attempt to diversify beyond traditional Bitcoin mining.

ETFs rallied last week on easing Iran war fears, strong earnings and crypto buzz, even as Strait of Hormuz risks linger.

Wyoming was the first state to issue its own stablecoin, and Tennessee is seeking citizen approval before constructing crypto mining sites, as crypto adoption continues to spread across the U.S.

ETFs emerge as a diversified way to tap their AI pivot, as Cipher Mining and TeraWulf jump after Morgan Stanley's 150%+ upside call.

B. Riley raised the target on Applied Digital to $53 from $47 while maintaining a ‘Buy’ rating.