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

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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.

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