HC Wainwright: Total market cap of BTC mining companies may exceed $100 billion by 2025

Golden Finance reported that HC Wainwright, an American investment bank, stated in a recent article that it is expected that the price of BTC will reach $225,000 per coin by the end of 2025. This means that the BTC market capitalization will reach $4.5 trillion, accounting for approximately 25% of the gold market capitalization. At the same time, HC Wainwright also predicts that the total market capitalization of BTC mining companies will exceed $100 billion. It is reported that the investment bank categorizes MARA, RIOT, and CLSK as 'pure mining companies', and CORZ, BTDR, WULF, Hut 8, IREN, BTBT, and HIVE as 'mixed mining companies'.

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