AI stocks continue to rise, CoinShares Bitcoin mining ETF hits record high

PANews September 10th news, according to CoinDesk, on Tuesday, driven by the $17.4 billion GPU supply agreement between Nebius Group and Microsoft, cryptocurrency mining and artificial intelligence-related stocks rose across the board. The share price of CoinShares Bitcoin Mining ETF (WGMI) rose 12%, setting a record high of $33.13. The ETF has risen 44% year-to-date, surpassing its level of about $30 at the time of its listing. From the beginning of the year to the present, the fund's top two holdings have performed particularly well: IREN (IREN) stock price soared by 188%; Cipher Mining (CIFR) stock price rose by 90%. WGMI manages $175.7 million in total assets with an expense ratio of 0.75%. The AI ​​boom also boosted Oracle (ORCL) shares, which soared 30% in pre-market trading on Wednesday.