Microsoft Signs $17.4 Billion Compute Deal — Crypto Mining Stocks Surge Across the Board

TradingKey
09/10

TradingKey – Nebius Group has signed a landmark $17.4 billion infrastructure agreement with Microsoft, sending its stock to record highs and sparking a broad rally in crypto mining equities.

On Tuesday, September 9 (local time), crypto mining stocks staged a rare synchronized surge. Bitfarms (BITF) soared 24%, Cipher Mining (CIFR) jumped nearly 20%, while IREN (IREN), Hut8 (HUT), Riot Platforms (RIOT), and TeraWulf (WULF) all gained around 15%. American Bitcoin (ABTC) rose more than 11%.

Bitfarms stock chart – Source: TradingKey

The rally was triggered by news that Nebius Group (NBIS), a company specializing in AI and machine learning compute infrastructure, had secured a $17.4 billion deal to supply Microsoft (MSFT) with GPU capacity for its artificial intelligence operations. The announcement reignited investor enthusiasm for firms with large-scale compute capabilities — Bitcoin miners included.

Following the news, Nebius Group shares surged over 49% to $95.72, marking an all-time high. Microsoft edged up 0.04%, closing at $498.41.

Nebius Group stock chart – Source: TradingKey

Find out more

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10