Golden Finance reported that JPMorgan Chase (JPM) said in a research report on Wednesday that the power needs of hyperscale enterprises and artificial intelligence (AI) companies may make Bitcoin mining companies potential acquisition targets. JPMorgan said that the CoreWeave-Core Scientific deal confirmed this. The report said that after the halving, mergers and acquisitions in the mining sector are heating up. Core Scientific (CORZ) shares soared after cloud computing company CoreWeave signed a 200 megawatt (MW) AI agreement with the Bitcoin miner and reportedly offered to acquire the company in an all-cash deal. Meanwhile, Riot Platforms (RIOT), another large Bitcoin miner, made an offer to acquire peer Bitfarms (BITF) last month. The bank estimates that US-listed Bitcoin mining companies consume up to 5 gigawatts of electricity and have access to an additional 2.5 gigawatts, "making them potentially attractive targets."