Bitcoin Miners and AI-Linked Crypto Stocks Surge on Meta’s 20-Year Nuclear Power Deal and OpenAI-CoreWeave Partnership

Published: 2025-06-03 20:15:28 |

Bitcoin mining stocks and AI-related crypto equities surged following major infrastructure moves by tech giants. Meta signed a landmark 20-year agreement to source 1.1 gigawatts of nuclear energy for its AI operations, signaling increased tech investment in AI and data center infrastructure. This fueled significant gains for leading bitcoin mining firms—such as MARA Holdings, Riot Platforms, Hut 8, Core Scientific, CleanSpark—as well as for AI firm CoreWeave, following its recent $4 billion deal with OpenAI. On June 3, mining stocks rose 7–8% and CoreWeave jumped 23–26%. Bitcoin climbed 1.8% to $106,200, with the CoinDesk 20 Index up 2.8% as SOL, UNI, and AAVE led gains. Crypto-linked stocks Coinbase (COIN) and MicroStrategy (MSTR) advanced over 4%. The convergence of booming AI energy deals and positive macroeconomic sentiment is boosting optimism for AI and crypto infrastructure, attracting institutional investors and traders. This trend underscores a growing synergy between the crypto mining and AI sectors, likely accelerating the diversification of miners into AI-related computations. Overall, infrastructure upgrades and rising demand support a bullish outlook for both cryptocurrencies and mining stocks.

Bullish

The news signals robust institutional and technological investment in both the AI and crypto sectors, highlighted by Meta’s long-term nuclear power agreement and the OpenAI-CoreWeave partnership. This synergy is driving sharp price gains in bitcoin mining stocks and AI-linked crypto equities, supporting increased trading volumes and positive momentum. Infrastructure upgrades and rising demand fuel optimism for further growth. Historically, similar moves by tech giants and major institutional players have had a strong positive impact on crypto assets and related equities in both the short and long term. These developments point toward sustained bullish sentiment for cryptocurrencies and mining stocks.