AI stocks extend rally, CoinShares Bitcoin Mining ETF hits all-time high

Cryptocurrency mining and artificial intelligence-related stocks rallied across the board, driven by Nebius Group's $17.4 billion GPU supply agreement with Microsoft. The CoinShares Bitcoin Mining ETF (WGMI) surged 12% to a record high of $33.13. The ETF has gained 44% year-to-date, surpassing its initial price of around $30.