Could Alphabet Be About to Start Mining Bitcoin?
By agreeing to backstop leases at a New York data center campus run by TeraWulf (NASDAQ: WULF), (NASDAQ: GOOG) (NASDAQ: GOOGL) picked up some stock warrants that could translate into a meaningful equity stake in a company that mines Bitcoin (CRYPTO: BTC).
The internet search giant is not buying coins directly, and it isn't buying a mining company outright. But the economic exposure here is still real enough to matter for investors, so let's investigate what happened in more detail.
Image source: Getty Images.
Source Fool.com
Alphabet Inc. A Aktie
307,00 €
-1,21 %
Starkes Kaufinteresse bei Alphabet Inc. A, mit einer großen Anzahl an Buy- und wenigen Sell-Einschätzungen.
Für Alphabet Inc. A ergibt sich ein leicht positives Potenzial, angesichts eines Kursziels von 334 € im Vergleich zu 307.0 €.
