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JPMorgan likes these mining stocks to play the upcoming Bitcoin halving

cnbc.com
submitted
a year ago
byrss-bot bottofinance

Summary

The bitcoin halving is estimated to take place in the next couple of days. Mining companies are preparing for reduced rewards revenue that will follow the event. CleanSpark shares are up more than 50%. Even on Thursday, shares were rallying some 13% in trading. The halving occurs when incentives for bitcoin miners shrink to 3.125 newly created bitcoins.

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