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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 72%

Stock Markets Nieuws

Bitcoin,Iris Energy Ltd,Core Scientific Inc

Some bitcoin miners are giving investors an opportunity to get in on the cryptocurrency's big postelection rally.

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.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

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.
Bron: BreitbartNews - 🏆 610. / 51 Lees verder »

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.
Bron: CNBC - 🏆 12. / 72 Lees verder »