Buy the dip in these bitcoin mining stocks, Cantor Fitzgerald says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 55%
  • Publisher: 72%

Bitcoin/USD Coin Metrics Новости

Cipher Mining Inc,Core Scientific Inc,Iris Energy Ltd

Bitcoin was no exception to Monday's broad market rout, which makes it a good time to buy certain mining stocks, Cantor Fitzgerald says.

Bitcoin was no exception to Monday's broad market rout, which gives investors a good buying opportunity, according to analysts. The flagship cryptocurrency dropped 11% over the three days ending Monday, according to Coin Metrics, pulling down the performance of stocks related to it. Those names managed to recoup some of their losses on Tuesday.

formerly known as Iris Energy, also has very cheap all-in costs to mine, according to Knoblauch. It's down 15% in the past week. "We still believe IREN can be real in the AI/HPC space, thus, this is a very attractive buying opportunity in what we think is an oversold name," he said. He also highlighted Core Scientific, which has been the subject of a lot of buzz in crypto after turning down an offer from the cloud AI startup CoreWeave to acquire them for $5.75 per share.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Wall Street's Cantor Fitzgerald to Open Bitcoin Financing, Lending BusinessDanny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.
Источник: CoinDesk - 🏆 291. / 63 Прочитайте больше »