B. Riley


Markets

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.

A Bitmain Antminer s9 board in a bitcoin mine in Norway. (Eliza Gkritsi/CoinDesk)

Policy

Crypto Backers B. Riley and Nomura Entangled in SEC Probe: Bloomberg

A statement from B. Riley said it was unaware of any such investigation from the U.S. Securities and Exchange Commission (SEC).

SEC logo (Nikhilesh De/CoinDesk)

Finance

Bitcoin Miner TeraWulf’s Stock Can Rally Almost 160%, Says Analyst

B. Riley initiated the environmentally sustainable miner’s stock with a buy rating and a 12-month price target of $24.

Graphics processing units (GPUs) used to mine the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. 22, 2020. The world’s second-most-valuable cryptocurrency, Ethereum, rallied 75% this year, outpacing its larger rival Bitcoin. Photographer: Akos Stiller/Bloomberg

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