Wall Street sees a buying opportunity in these crypto mining stocks as bitcoin marches to new records

Some bitcoin miners are giving investors an opportunity to get in on the cryptocurrency's big postelection rally. Pure play bitcoin miners have been lagging this year for a host of reasons. Some names in the sector pivoted or expanded operations to AI data centers. Additionally, the launch of bitcoin ETFs in January gave investors a new vehicle for getting bitcoin exposure, which may have lowered demand for these stocks.

mountain Bitcoin mining laggards have been outperforming in the the recent crypto rally Now, with bitcoin consistently reaching new records since Election Day — a trend that's expected to continue through next year — the mining laggards could be catching up, analysts say.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Breitbart Business Digest: Wall Street Sides with Harris, Main Street Sides with TrumpSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Sumber: BreitbartNews - 🏆 610. / 51 Baca lebih lajut »

Wall Street analysts get it wrong on two of our portfolio industrial stocksNew research from Wall Street analysts missed the mark on Stanley Black & Decker and DuPont.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »