{"id":46749,"date":"2025-09-10T10:31:46","date_gmt":"2025-09-10T10:31:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=46749"},"modified":"2025-09-10T10:31:46","modified_gmt":"2025-09-10T10:31:46","slug":"coinshares-bitcoin-mining-etf-hits-record-high-as-ai-stocks-extend-rally","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=46749","title":{"rendered":"CoinShares Bitcoin Mining ETF Hits Record High as AI Stocks Extend Rally"},"content":{"rendered":"<div>\n<p>The CoinShares Bitcoin Mining ETF (WGMI) rose 12% to a record $33.13 on Tuesday as Nebius Group\u2019s $17.4 billion agreement to supply GPUs to Microsoft <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/09\/09\/microsoft-s-usd17-4b-ai-bet-lifts-crypto-miners-as-bitcoin-slips\">boosted crypto mining and AI-related stocks<\/a> across the board<\/p>\n<p>The exchange-traded fund is now 44% higher year-to-date and has surpassed its market debut level of around $30.<\/p>\n<p>The top two holdings have been standout performers year-to-date:<\/p>\n<ul>\n<li>IREN (IREN) has surged 188%<\/li>\n<li>Cipher Mining (CIFR) has climbed 90%<\/li>\n<\/ul>\n<p>WGMI manages $175.7 million in total assets with an expense ratio of 0.75%.<\/p>\n<h4>AI momentum <\/h4>\n<p>The Nebius-Microsoft deal sparked a rally in AI-focused mining stocks on Tuesday, adding to momentum from the broader AI movement. <\/p>\n<p>AI euphoria also boosted Oracle (ORCL), which surged 30% in pre-market trading on Wednesday. The company, a database  software developer that has pivoted to cloud computing, raised its cloud revenue growth forecast to 77% on soaring AI demand, according to <a href=\"https:\/\/www.ft.com\/content\/d467e51e-8e03-4390-9f91-6874bd48a7f2\">Financial Times<\/a>. Its backlog surged 359% to $455 billion, fueled by massive AI-driven cloud contracts.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The CoinShares Bitcoin Mining ETF (WGMI) rose 12% to a record $33.13 on Tuesday as Nebius Group\u2019s $17.4 billion agreement to supply GPUs to Microsoft boosted crypto mining and AI-related stocks across the board The exchange-traded fund is now 44% higher year-to-date and has surpassed its market debut level of around $30. The top two [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-46749","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/46749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46749"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/46749\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}