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Analyst Ratings
Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'
The broker said the miner's growth isn't priced-in and initiated coverage of the miner with $9 price target.

BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.

Core Scientific, on Cusp of Becoming a Major Force in AI Hosting, Initiated at Buy: Canaccord
The broker started coverage of the bitcoin miner with a buy rating and a $16 price target.

Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright
The company has the capital and the infrastructure to buy and deploy the latest generation of mining rigs at a favourable time, the report said.

MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High
The broker raised its year-end price target for the software company to $2,150 from $1,875.

Iren Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord
The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.

Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi
The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.

Core Scientific Upgraded to Buy From Neutral to Reflect HPC Expansion: B Riley
The bitcoin miner will be a leader in hosting high-performance computing due to its lucrative deals with CoreWeave and management’s deep experience in operating enterprise data centers, the report said.

DeFi Technologies Stock Sell-Off Is 'Attractive Buying Opportunity,' Benchmark Says
The stock lost nearly half of its value earlier this week following the tumble in altcoins and after the publication of a negative opinion piece in a crypto newsletter, the report said.

Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The broker assigned the software company an outperform rating and a $2,890 price target.
