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home / news releases / WGMI - WGMI: Revisiting My Bullish Thesis On The Bitcoin Miners

WGMI - WGMI: Revisiting My Bullish Thesis On The Bitcoin Miners

Valkyrie Bitcoin Miners ETF

2024-07-08 06:47:03 ET

Summary

  • WGMI, trading at under $10 a share in Oct 2023, saw over 100% gain, with potentially more to come.
  • BTC miners serve as beta play on Bitcoin's move, similar to gold mining industry.
  • Miners well positioned to profit from AI infrastructure build-out, potential for high-margin revenue and partnerships with hyperscalers.

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For further details see:

WGMI: Revisiting My Bullish Thesis On The Bitcoin Miners
Stock Information
Company Name: Valkyrie Bitcoin Miners ETF
Stock Symbol: WGMI
Market: NASDAQ
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