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Quality Bitcoin Mining Stocks Offer a Good Way to Gain Exposure to the Next Bull Run: Bernstein

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Will Canny is CoinDesk's finance reporter.

miners are evolving into industrial-scale enterprises, with North America gaining market share over China, broker Bernstein said in a research report Monday as it initiated coverage of the sector in the U.S.

These miners are “market share consolidators with strong operational edge , low cost of production , high liquidity and unlevered balance sheets,” wrote analysts Gautam Chhugani and Mahika Sapra.

 

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