According to Odaily, the first half of June saw US listed mining companies outperform Bitcoin, following positive investor response to the artificial intelligence (AI) trading deal between Core Scientific and CoreWeave. A research report released by JPMorgan Chase on Monday indicated that the total market value of 14 Bitcoin mining companies listed in the US reached a historic high of $22.8 billion on June 15.
In the first two weeks of June, almost all listed mining companies performed better than Bitcoin. Core Scientific (CORZ) had the best performance, with an increase of 117%, while Argo Blockchain (ARBK) performed the worst, with a decrease of 7%. This trend indicates a shift in investor focus from traditional cryptocurrencies to the potential of AI trading in the blockchain sector.