Bernstein


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Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein

The bitcoin miner benefits from readily available sites and power, less competition and the ability to hire strong data center talent, the report said.

bitcoin miner (Shutterstock)

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Will Bitcoin Skyrocket If Trump Returns to Office?; WazirX Hacker Moves Stolen Funds to Tornado Cash

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Bernstein research report says that bitcoin is expected to reach new highs later this year if former President Donald Trump returns to the oval office. Plus, WazirX hacker has moved stolen ether to Tornado Cash, and Binance's Indonesia subsidiary has won a full license in the country.

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U.S.-Listed Bitcoin Miners Have the Upper Hand Over Unlisted Peers: Bernstein

The ability to raise debt or equity in the world's deepest capital markets is a large advantage, the report said.

bitcoin miner (Shutterstock)

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Bitcoin Miners Have Considerable Upside From Their Power Portfolios: Bernstein

Investors can benefit by valuing the companies as efficient power shells with data center capabilities, as opposed to just bitcoin mining operations, the report said.

Bitcoin mining rigs at Kryptovault's facility in Hønefoss, Norway. (Image credit: Eliza Gkritsi/CoinDesk)

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Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein

The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

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Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein

The broker initiated coverage on miners Iris Energy and Core Scientific with outperform ratings.

Bitcoin miners are attractive partners to build AI data centers: Bernstein. (Shutterstock)

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Ether Spot ETFs Could See Lower Demand Compared to Bitcoin Peers: Bernstein

Ether and other digital assets need a better regulatory regime and the narrative is expected to improve around the U.S. elections later this year, the report said.

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)

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Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein

Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

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MicroStrategy Is Pioneering Bitcoin Capital Markets, Bernstein Says

Michael Saylor’s firm is the only corporation that has developed institutional demand for bitcoin linked convertibles, the report said.

MicroStrategy attempted to make its case as the superior alternative in a fourth quarter earnings presentation to shareholders. (Source: MicroStrategy)

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First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks

The latest price moves in crypto markets in context for June 14, 2024.

Bitcoin price on June 14 (CoinDesk)

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