Odaily News JPMorgan has raised the ratings of Bitcoin mining companies Cipher and CleanSpark to “Overweight,” citing strong momentum in HPC transformation, raising Cipher's target stock price from $12 to $18, and CleanSpark to $10.8. However, JPMorgan also lowered the target price expectations for two other Bitcoin mining companies, MARA and Riot, to reflect the expected weakening of Bitcoin and increasing stock dilution. (CoinDesk)
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
JPMorgan upgrades Bitcoin miners Cipher and CleanSpark to "Overweight"
Odaily News JPMorgan has raised the ratings of Bitcoin mining companies Cipher and CleanSpark to “Overweight,” citing strong momentum in HPC transformation, raising Cipher's target stock price from $12 to $18, and CleanSpark to $10.8. However, JPMorgan also lowered the target price expectations for two other Bitcoin mining companies, MARA and Riot, to reflect the expected weakening of Bitcoin and increasing stock dilution. (CoinDesk)