Bitcoin Miners Rapidly Outpacing Bitcoin Price Gains YTD

Core Insights - Ongoing datacenter growth and regulatory support create a favorable environment for bitcoin miners in the latter half of 2025 [1] - The AI-driven data center boom is significantly benefiting bitcoin mining companies, which have expanded their infrastructure in recent years [2][3] Industry Developments - Bitcoin mining intensity has increased, necessitating more sophisticated mining rigs and larger volumes, leading to the industrialization of mining models [2] - Companies are now operating large warehouses of mining rigs powered by reliable energy sources in regions attractive for data centers, positioning them as valuable partners in the AI datacenter boom [3] Investment Opportunities - The CoinShares Valkyrie Bitcoin Miners ETF (WGMI) offers pure-play exposure to North American bitcoin miners and has outperformed bitcoin price gains year-to-date, making it a strong diversification option for equity and crypto investors [4][5] - WGMI targets companies earning at least half their profits or revenue from bitcoin mining, including those providing hardware, software, or services, as well as manufacturers of specialized chips for mining [6] Fund Management - The fund is managed by a team of industry experts with deep knowledge of cryptocurrencies and finance, featuring well-known companies like Nvidia and established bitcoin miners such as Riot Platforms and Hut 8 Corp [7]