HC Wainwright, a US investment bank, wrote this week that the price of bitcoin is expected to reach $225,000 per coin by the end of 2025, which means that the market value of bitcoin will reach $4.50 trillion, accounting for about 25% of the market value of gold. HC Wainwright also expects the total market value of bitcoin mining companies to exceed $100 billion. It is reported that the investment bank lists MARA, RIOT and CLSK as "pure mining companies" and CORZ, BTDR, WULF, Hut 8, IREN, BTBT and HIVE as "mixed mining companies".