Antelope Enterprise (AEHL) Soars Amid Market Buzz on Demand for Crypto Mining and Energy-Efficient Data Centers
Antelope Enterprise (NASDAQ: AEHL) is facing a sharp increase earlier today, going from less than $3 to over $8 in a single, sharp spike before leveling off at about $4.56 at the time of writing. Recently, positive coal mining executive orders from Donald Trump pushed some energy stocks by at least 10%, there is no doubt Antelope has got a direct impact of it.
The market is speculating about AEHL’s possible advancement in the lucrative industries of data centers and cryptocurrency mining, both of which are experiencing a resurgence in interest as a result of advancements in energy efficiency, even though the company had not made any official announcement at the time of publication.
Investor interest in businesses that stand to gain from the global drive for sustainable infrastructure in tech-heavy industries seems to be driving the spike. Given that data centers use between 1% and 2% of the world’s electricity and that cryptocurrency mining is frequently criticized for its carbon footprint, companies that provide more affordable and environmentally friendly options are becoming more popular.