Investing.com -- The crypto bull market is here, according to Bernstein, whose message to investors is clear, “Buy everything you can.”) outlined their very bullish stance on the cryptocurrency sector, primarily due to a favorable regulatory environment expected under the administration of President-elect Donald Trump.
Although such a move would require legislation and might only come to fruition in 2025, Bernstein views this as a clear sign of Bitcoin's potential integration into national treasuries. The surge in Bitcoin also bodes well for publicly listed Bitcoin miners, who are now profiting with the cryptocurrency's price well above their average cash cost of production.) are now seen as potentially catching up, thanks to their sizable energy assets and positioning as top miners. Marathon Digital Holdings Inc , with its substantial capital expenditure plan, is poised to become a top five Bitcoin miner while earning a portion of its revenue from its GPU Cloud business.
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