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Bernstein has assigned Outperform ratings to four Bitcoin (CRYPTO: BTC) miners, citing over $90 billion in AI deals covering 3.7 gigawatts of power capacity across hyperscalers, neoclouds, and chip providers.
Price Targets Imply Massive Upside From Monday Close
Bernstein set a $100 price target on IREN (NASDAQ:IREN), implying 98.1% upside from Monday’s $50.46 close.
CleanSpark (NASDAQ:CLSK) received a $24 target, implying 78.5% upside from $13.44.
MARA Holdings (NASDAQ:MARA) maintained its Market Perform rating with a $23 target, implying 88.8% upside from $12.18.
Follow The Gigawatts: Miners Control 27 GW Of Power Capacity
Bernstein analysts led by Gautam Chhugani argued that Bitcoin…
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