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Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%

BTIG’s analyst remains positive on the longer-term outlook for the miners, however, and is sticking with his buy ratings for the stocks.

BTIG has significantly reduced the price targets on the bitcoin mining stocks it covers. (Eugene Mymrin/Getty images)
BTIG has significantly reduced the price targets on the bitcoin mining stocks it covers. (Eugene Mymrin/Getty images)