Bitcoin (BTC) Miners Bitdeer Technologies (BTDR), CleanSpark (CLSK) and Core Scientific (CORZ) introduced a top KBW score, the Investment Bank said in A on Monday.
The 3 Bitcoin mining corporations offer various degrees of exposure to the largest cryptocurrency, the bank said.
Bitdeer offers a diversified exposure to the Bitcoins Mining Operating style that is completed through an ASIC Development Production Branch, the report indicates.
The company also has a synthetic intelligence (AI)/high-performance computing (HPC) unit with a “live cloud platform and a physically powerful power pipeline that provides an option for hosting/colocation opportunities” in the future.
KBW has a $26. 50 price target on Bitdeer shares. The stock was down less than 0. 3% to around $20. 60 in early trading.
CleanStark is one of the largest publicly traded miners on the bank’s coverage, with a hashrate target of around 50 momentum-consistent exahashes (EH/S) by mid-2025. It boasts one of the industry’s maximum effective mining fleets, giving it “a unitary economy and large-sized BTC production. “
KBW gave the stock a $19 price target.
Core Scientific is offering exposure to the industry’s largest and maximum HPC AI/HPC hosting contract through the 12-year agreement it signed with CoreWeave last year, as well as Bitcoin Mining, KBW said.
Core Scientific is well placed to “ensure incremental capacity” because it has an engineering team with prior experience in midstream knowledge operations, the report added.
KBW has started an inventory policy with an objective of $ 22. Run scientists negotiating little at $ 16 on Monday.
Galaxy (GLXY) remains the bank’s outperforming concept in the virtual asset space.
Read more: Bitcoin Mining Economics is expected to be stable, profitable in 2025, says Canaccord
Will Canny is a seasoned market journalist with a proven track record of a career in the money industry. He now covers the speed of cryptocurrencies as a monetary reporter at Coindesk. He owns more than $1,000 in soles.
About
Contact
Policies