Bitcoin miners advance after Nvidia's outstanding results

Nvidia has just delivered a quarter shaped like a glass tower, solid, shiny, almost insolent. In its wake, bitcoin miners straighten their facades, as their data centers suddenly look like buildable grounds for AI. The crypto market watches this transformation with curiosity: yesterday, they produced hash; now, they also sell power.

Nvidia transforms bitcoin miners into architects of AI computing

Nvidia reported a colossal quarter, with $81.62 billion in revenue, up 85% year-over-year. The figure exceeds Wall Street expectations, set around $78.9 billion according to FactSet. Then, the group forecasts about $91 billion in revenue for the current quarter.

This financial framework directly benefits bitcoin miners exposed to data centers and high-performance computing. Core Scientific and Cipher Mining advanced after the results, while IREN initially rose before retreating slightly.

Jensen Huang summed up this acceleration with a builder’s phrase: 

The construction of AI factories, the largest infrastructure expansion in human history, is accelerating at an extraordinary pace. Agentic AI has arrived, performs productive work, creates real value, and is rapidly deploying within businesses and industries.  

Source: CoinDesk / Nvidia

The crypto market watches Jensen Huang as a master builder

Bitcoin remains stuck in a tricky zone, around $77,000, with rather rough macroeconomic winds. US bond yields rise, inflation remains hot, and spot bitcoin ETFs experienced $1.2 billion in outflows over three sessions.

In May, these products even show $727 million in net outflows, according to data picked up by Investing. The crypto market has thus not regained its big bullish lounge; it is rather going through a poorly lit construction site.

Yet, Nvidia now serves as a central crane for risk sentiment. DailyCoin cites Wintermute, who places the Nvidia report in the middle of the technical plan: 

A hold during Nvidia’s Wednesday results rebuilds some confidence, but a break below $75,000 with resetting funding and negative ETF flows quite quickly opens the low $70,000s zone. 

Source: DailyCoin / Wintermute

Bitcoin seeks its balance between AI euphoria and macro concrete

The paradox is tasty, almost cruel. Nvidia announces $80 billion in share buybacks and raises its quarterly dividend from 1 cent to 25 cents. Yet, its stock falls slightly after release. Investors love AI, but they’re already scrutinizing the solidity of future foundations. 

Competition on chips, China’s absence from Data Center forecasts, and growth margins question Wall Street.

For bitcoin miners, the message remains more constructive. The Data Center now represents over 90% of Nvidia’s revenue. Hyperscalers generated about $38 billion of the $75 billion Data Center segment. The rest comes from ACIE, including AI clouds, companies, and industrials. 

This architecture opens a door to crypto miners capable of selling energy, racks, and computing capacity. Bitcoin itself must hold its supports between $76,000 and $78,000, while watching the $82,000 moving average.

Figures that reshape the crypto site

• Nvidia posts $81.62 billion in quarterly revenue, an 85% growth;
• The Data Center now represents over 90% of revenues;  
• Spot bitcoin ETFs lose $1.2 billion over three sessions;
• BTC price: $77,791 at the time of writing;
• Nvidia anticipates nearly $91 billion in revenue next quarter.

Nvidia comes out stronger, but its global site remains exposed to political walls. New American restrictions on AI recently shaken its stock. This reminder cools the euphoria: between bitcoin, data centers, and semiconductors, the architecture of the future still depends on very fragile geopolitical permits.