Bitcoin miners advance after Nvidia's exceptional results

Nvidia has just delivered a quarter cut like a glass tower, solid, brilliant, almost insolent. In its wake, bitcoin miners are straightening their façades, because their data centers suddenly look like building sites for AI. The crypto market is observing this change with curiosity: yesterday, they were producing hash; now they also sell power.

Nvidia turns 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 around 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 rose after the results, while IREN initially rose before pulling back slightly.

Jensen Huang summed up this acceleration with a builder's formula:

Construction of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed. Agentic AI is here, doing productive work, creating real value, and rapidly deploying across businesses and industries.

Source: CoinDesk / Nvidia

The crypto market is watching Jensen Huang like a taskmaster

However, bitcoin remains stuck in a delicate zone, around $77,000, with fairly rough macroeconomic winds. US bond yields are rising, inflation remains scorching, and spot bitcoin ETFs have suffered $1.2 billion in outflows over three sessions.

In May, these products even showed 727 million net outflows, according to data collected by Investing. The crypto market has therefore not found its great bullish show; rather, he crosses a poorly lit construction site.

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

A hold during the Nvidia results on Wednesday rebuilds some of the confidence, but a break of $75,000 with funding that resets and negative ETF flows opens the low zone of $70,000 quite quickly.

Source: DailyCoin / Wintermute

Bitcoin seeks its balance between AI euphoria and macro concrete

The paradox is delicious, almost cruel. Nvidia announces $80 billion in stock buybacks and raises its quarterly dividend from 1 cent to 25 cents. However, its action fell slightly after publication. Investors like AI, but they are already examining the strength of the future foundations.

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

For bitcoin miners, the message remains more constructive. The Data Center now represents more than 90% of Nvidia revenues. Hyperscalers generated around 38 billion of the 75 billion in the Data Center segment. The rest comes from ACIE, including AI, enterprise and industrial clouds.

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

The figures that are reshaping the crypto project

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

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