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Bernstein
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.

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.

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 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.

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.

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.

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.

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.

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.

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.
