Discover Why BTC Miners Profit Most From Stellar NVIDIA Earnings
NVIDIA (NVDA) recently reported impressive Q3 earnings and provided a promising outlook for Q4, leading to a surge in stocks related to artificial intelligence (AI) and high-performance computing (HPC). This development effectively alleviated some market concerns stemming from delays in U.S. jobs data and decreasing expectations for interest rate cuts, as well as a significant 30% drop in Bitcoin from its all-time high.
Boom in AI/HPC Bitcoin Miners
AI and HPC-focused Bitcoin miners have emerged as prime beneficiaries of NVIDIA’s strong earnings performance. Notable movements in the stock prices of these mining companies include:
- IREN (IREN) has increased by over 8%, reaching approximately $50.
- Cipher Mining (CIFR) has risen by 11%, now trading above $16.
- Hive Digital (HIVE) has seen a more than 6% boost, with shares priced at $3.28.
This uptick in technology stocks has positively influenced broader market indices as well. The Invesco QQQ is up more than 1.5%, currently at $610, while NVIDIA’s shares climbed more than 5%. This growth has contributed to the DXY Index, which has surpassed the 100 mark for the first time since November 5.
NAKA Reports Q3 Earnings
In related news, Kindly MD (NAKA) released its Q3 earnings after an initial delay. The medical business recorded $0.4 million in revenue, a decline from $0.6 million in Q3 2024. NAKA faced an $86 million net loss in Q3 2025, impacted by non-cash charges related to the Nakamoto merger and unrealized losses in Bitcoin.
As of September 30, NAKA had $24,185 in cash on hand and held 5,765 BTC at an average acquisition price of $118,204. The company also deployed 367 BTC for various investments, including in Metaplanet (3350), leaving 5,398 BTC in reserve by November 12. NAKA’s current trading position stands at 0.916 times the mNAV, with shares priced at $0.54, showing little variation in pre-market activity.
