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Hut 8 Selloff Looks Misguided as Analysts Call It a Long-Term Buy
Hut 8’s latest earnings sparked a wave of panic selling on Tuesday, but according to Wall Street analysts, investors may have completely misread the moment. Despite delivering record revenue and strong profitability in its third-quarter report, shares of the Bitcoin mining and AI infrastructure firm plunged nearly 13% after the company didn’t announce a long-anticipated hyperscaler deal for its River Bend data center project in Louisiana. But as Benchmark’s Mark Palmer argues, the selloff wasn’t just overdone—it was a buying opportunity hiding in plain sight.
In a note published Wednesday, Palmer called the reaction “short-sighted and unwarranted,” maintaining his buy rating and $78 price target on Hut 8 stock. The analyst emphasized that it’s not a question of if the hyperscaler deal will materialize, but when. He believes traders looking for an instant headline missed the much bigger story unfolding behind the scenes—one where Hut 8 is steadily building a multi-sector powerhouse spanning Bitcoin mining, high-performance computing, and AI infrastructure.
The stock’s slide came on a day when broader markets were already under stress. The Nasdaq dropped 2% as investors shifted away from risk assets, while crypto markets endured one of their worst days of the year. Still, HUT was hit disproportionately hard, making it the weakest performer among Bitcoin mining and AI infrastructure peers. Early Wednesday, however, the stock rebounded 4% to around $50 as sentiment stabilized, reflecting a market beginning to digest the overreaction.
Underneath the noise, Hut 8’s fundamentals look solid. The company reported record revenue for the quarter, a clear sign that its hybrid model—balancing Bitcoin mining with data center infrastructure—is beginning to pay off. CEO Asher Genoot reiterated that the 300-megawatt River Bend site in West Feliciana Parish remains on schedule for late 2026. The project, which could ultimately scale toward 1 gigawatt, is central to Hut 8’s strategy of transforming itself into a full-scale energy and compute infrastructure provider.
Palmer praised the company’s “methodical” approach, arguing that rushing into a deal just to please markets would have been counterproductive. “This isn’t about a quick pop—it’s about positioning for the next decade,” he wrote. With hyperscalers and cloud providers racing to secure power capacity amid the global AI boom, Palmer expects that Hut 8’s patient strategy will be rewarded once the right partner comes along.
Genoot’s comments on the earnings call reinforced that message. He spoke of a leadership team that is “focused on building for long-term value creation,” rather than short-term market appeasement. Hut 8’s multi-location infrastructure—stretching across Texas, Alberta, and Louisiana—is designed to be flexible, allowing the company to shift between AI workloads, high-performance computing, and Bitcoin mining depending on economic conditions. That optionality, Palmer said, makes Hut 8 one of the few firms positioned to thrive across multiple market cycles.
The Benchmark report also highlighted that Hut 8 currently trades at a discount relative to its power development potential. The company has a 1,530-megawatt (MW) power pipeline already in place and another 1,255 MW under exclusivity, with an additional 5,865 MW under due diligence. Palmer noted that while investors are right to want to see more tangible progress before revaluing the stock higher, the scale of this pipeline alone represents enormous latent value.
One of the market’s biggest blind spots, according to Palmer, is that Hut 8’s valuation doesn’t yet reflect its full energy development portfolio or its 64% stake in American Bitcoin (ABTC). Nor does it factor in the company’s 10,278 BTC holdings as of September 30—a substantial treasury that provides both balance sheet strength and strategic optionality. Taken together, Benchmark’s sum-of-the-parts valuation suggests there’s still considerable upside if Hut 8 continues to execute on its roadmap.
In other words, the market’s focus on what didn’t happen—a hyperscaler announcement—obscured what did: another quarter of operational execution, growth, and a reaffirmation of timelines for one of North America’s largest upcoming compute infrastructure projects. Investors chasing headlines may have missed that Hut 8 is laying the foundation for something larger than any single partnership.
As the AI sector’s appetite for power continues to surge, and as demand for sovereign, energy-secure compute infrastructure grows, Hut 8’s assets in energy-rich jurisdictions give it a structural advantage. In that context, the selloff looks more like an opportunity than a warning sign.
For long-term investors, the takeaway is clear: short-term traders might have bailed on Hut 8 for not delivering instant gratification, but the fundamentals, balance sheet, and vision remain intact. The company is playing a longer game—one that could make it a cornerstone of the emerging overlap between Bitcoin mining, AI compute, and digital energy infrastructure.
#Benchmark call captures that sentiment perfectly. The Tuesday tumble wasn’t the beginning of a decline—it may have been the market’s misstep before the next leg of growth. For those watching closely, Hut 8’s silence on a single deal may turn out to be the calm before its biggest expansion yet.
In a note published Wednesday, Palmer called the reaction “short-sighted and unwarranted,” maintaining his buy rating and $78 price target on Hut 8 stock. The analyst emphasized that it’s not a question of if the hyperscaler deal will materialize, but when. He believes traders looking for an instant headline missed the much bigger story unfolding behind the scenes—one where Hut 8 is steadily building a multi-sector powerhouse spanning Bitcoin mining, high-performance computing, and AI infrastructure.
The stock’s slide came on a day when broader markets were already under stress. The Nasdaq dropped 2% as investors shifted away from risk assets, while crypto markets endured one of their worst days of the year. Still, HUT was hit disproportionately hard, making it the weakest performer among Bitcoin mining and AI infrastructure peers. Early Wednesday, however, the stock rebounded 4% to around $50 as sentiment stabilized, reflecting a market beginning to digest the overreaction.
Underneath the noise, Hut 8’s fundamentals look solid. The company reported record revenue for the quarter, a clear sign that its hybrid model—balancing Bitcoin mining with data center infrastructure—is beginning to pay off. CEO Asher Genoot reiterated that the 300-megawatt River Bend site in West Feliciana Parish remains on schedule for late 2026. The project, which could ultimately scale toward 1 gigawatt, is central to Hut 8’s strategy of transforming itself into a full-scale energy and compute infrastructure provider.
Palmer praised the company’s “methodical” approach, arguing that rushing into a deal just to please markets would have been counterproductive. “This isn’t about a quick pop—it’s about positioning for the next decade,” he wrote. With hyperscalers and cloud providers racing to secure power capacity amid the global AI boom, Palmer expects that Hut 8’s patient strategy will be rewarded once the right partner comes along.
Genoot’s comments on the earnings call reinforced that message. He spoke of a leadership team that is “focused on building for long-term value creation,” rather than short-term market appeasement. Hut 8’s multi-location infrastructure—stretching across Texas, Alberta, and Louisiana—is designed to be flexible, allowing the company to shift between AI workloads, high-performance computing, and Bitcoin mining depending on economic conditions. That optionality, Palmer said, makes Hut 8 one of the few firms positioned to thrive across multiple market cycles.
The Benchmark report also highlighted that Hut 8 currently trades at a discount relative to its power development potential. The company has a 1,530-megawatt (MW) power pipeline already in place and another 1,255 MW under exclusivity, with an additional 5,865 MW under due diligence. Palmer noted that while investors are right to want to see more tangible progress before revaluing the stock higher, the scale of this pipeline alone represents enormous latent value.
One of the market’s biggest blind spots, according to Palmer, is that Hut 8’s valuation doesn’t yet reflect its full energy development portfolio or its 64% stake in American Bitcoin (ABTC). Nor does it factor in the company’s 10,278 BTC holdings as of September 30—a substantial treasury that provides both balance sheet strength and strategic optionality. Taken together, Benchmark’s sum-of-the-parts valuation suggests there’s still considerable upside if Hut 8 continues to execute on its roadmap.
In other words, the market’s focus on what didn’t happen—a hyperscaler announcement—obscured what did: another quarter of operational execution, growth, and a reaffirmation of timelines for one of North America’s largest upcoming compute infrastructure projects. Investors chasing headlines may have missed that Hut 8 is laying the foundation for something larger than any single partnership.
As the AI sector’s appetite for power continues to surge, and as demand for sovereign, energy-secure compute infrastructure grows, Hut 8’s assets in energy-rich jurisdictions give it a structural advantage. In that context, the selloff looks more like an opportunity than a warning sign.
For long-term investors, the takeaway is clear: short-term traders might have bailed on Hut 8 for not delivering instant gratification, but the fundamentals, balance sheet, and vision remain intact. The company is playing a longer game—one that could make it a cornerstone of the emerging overlap between Bitcoin mining, AI compute, and digital energy infrastructure.
#Benchmark call captures that sentiment perfectly. The Tuesday tumble wasn’t the beginning of a decline—it may have been the market’s misstep before the next leg of growth. For those watching closely, Hut 8’s silence on a single deal may turn out to be the calm before its biggest expansion yet.
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It looks beautiful 🤔
I don't know when Pasha managed to do it, but he sold coins for $400 million to a group of venture companies from the USA, which includes #Rabbit , #Benchmark , and #SequoiaCapital .
No matter what anyone says, all crypto money is in the USA. Ton has long wanted to enter their market; maybe this year the stars will align?
Price #ТОН in 2025?
$TON
I don't know when Pasha managed to do it, but he sold coins for $400 million to a group of venture companies from the USA, which includes #Rabbit , #Benchmark , and #SequoiaCapital .
No matter what anyone says, all crypto money is in the USA. Ton has long wanted to enter their market; maybe this year the stars will align?
Price #ТОН in 2025?
$TON
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MicroStrategy aims for the global treasury 'crown' with a bold Bitcoin strategy
MicroStrategy (MSTR) has just had its price target raised to $705 per share by #benchmark , an increase of 85% from the current (~$379), with a forecast that Bitcoin will reach $225,000 by the end of 2026.
The main reason comes from the company's grand ambition: to become the largest corporate treasury in the world, surpassing Microsoft, Google, Amazon – and even Berkshire Hathaway with its $410 billion treasury.
In the last quarter, MicroStrategy recorded $10 billion in net income from unrealized gains on its $71 billion Bitcoin holdings. Instead of continuing to issue convertible bonds as before, the company is shifting to a preferred equity financing model to reduce leverage and enhance capital efficiency.
According to CEO Phong Le, #MicroStrategy will only issue common stock when MSTR shares trade above net asset value, indicating a cautious yet ambitious financial strategy.
Although Bitcoin is adjusting to $114,950 (down 3.1% in 24h), and the global cryptocurrency market cap has decreased by 8% to $3.8 trillion, MSTR's strategy still reflects a strong belief in the long-term future of Bitcoin.
⚠️ The crypto market always carries risks and is not suitable for all investors. Consider carefully before participating. #anhbacong
MicroStrategy (MSTR) has just had its price target raised to $705 per share by #benchmark , an increase of 85% from the current (~$379), with a forecast that Bitcoin will reach $225,000 by the end of 2026.
The main reason comes from the company's grand ambition: to become the largest corporate treasury in the world, surpassing Microsoft, Google, Amazon – and even Berkshire Hathaway with its $410 billion treasury.
In the last quarter, MicroStrategy recorded $10 billion in net income from unrealized gains on its $71 billion Bitcoin holdings. Instead of continuing to issue convertible bonds as before, the company is shifting to a preferred equity financing model to reduce leverage and enhance capital efficiency.
According to CEO Phong Le, #MicroStrategy will only issue common stock when MSTR shares trade above net asset value, indicating a cautious yet ambitious financial strategy.
Although Bitcoin is adjusting to $114,950 (down 3.1% in 24h), and the global cryptocurrency market cap has decreased by 8% to $3.8 trillion, MSTR's strategy still reflects a strong belief in the long-term future of Bitcoin.
⚠️ The crypto market always carries risks and is not suitable for all investors. Consider carefully before participating. #anhbacong
Digital Asset Quarterly Review Q3
CoinDesk | Crypto for Advisors
Digital assets extended their recovery in Q3 as liquidity returned to global markets. As stated in CoinDesk’s Digital Assets Quarterly Report, the Federal Reserve’s decision to cut rates to 4.0 percent to 4.25 percent created the most favorable backdrop for risk assets since 2022. Bitcoin ended the quarter up 6.4%. The S&P 500 and gold posted stronger gains, but the drivers of crypto were different. The demand primarily came from institutions, rather than traders.
ETFs Take the Lead
#etf flows continued to define the current market structure. U.S. spot bitcoin and ether products recorded $8.78 billion and $9.59 billion in net inflows. It was the first time that ether ETFs outpaced bitcoin, reflecting broader institutional diversification. Public companies added 190,000 BTC to their treasuries during the quarter, increasing total holdings to 1.13 million BTC, which is more than 5% of the circulating supply.
Corporate adoption remains the quiet force in this cycle. The “digital asset treasury” model, which originated with bitcoin, is now spreading across sectors and regions. Forty-three new public firms disclosed holdings in Q3. For many, digital assets are no longer an experiment, but rather a small, recurring allocation on the balance sheet.
Broader #market Rotations
Bitcoin’s dominance fell from 65% to 59%, marking the first sustained rotation into altcoins since early 2021. The CoinDesk 20 Index returned 30.8%, outperforming bitcoin by a wide margin. The CoinDesk 100 Index gained 27.8%, while narrower benchmarks such as the CoinDesk 5 Index rose 15.4%.
The rally was broad but selective. Ether (ETH), Avalanche (AVAX), and Chainlink (LINK) led the CoinDesk 20 with gains of 66.7%, 66.9%, and 59.2%, respectively. Flows into ether ETFs and treasury portfolios helped push the asset to a new all-time high near $4,955 in August. Solana rose 34.8%, supported by corporate accumulation and record app-level revenue.
Treasuries Go Multi-asset
Public companies are now reporting exposure to more than 20 digital assets. Ether leads with $17.7 billion in value held on balance sheets. Solana follows with $3.1 billion. Tron, World Liberty Financial, and Ethena each exceed $1 billion.
This activity marks the next phase of institutional adoption: diversification within the cryptocurrency sector itself. Treasury allocations that began with bitcoin are being extended to other assets. For some corporations, the assets function as reserves; for others, they serve as strategic positions tied to ecosystem partnerships or product launches.
The growth of these vehicles has also revealed a market hierarchy. A handful of firms now dominate trading activity within the “ Digital asset #Treasury ” segment, while smaller entrants face pressure as market NAVs drift below parity.
Benchmarks and Structure
The use of #benchmark 's has become central to this market shift. CoinDesk 20 and CoinDesk 5 now serve as reference points for ETFs, structured notes, and derivatives. Their methodology, based on liquidity, exchange coverage, and accessibility, aligns with the standards that institutional investors expect from traditional indices.
The SEC’s approval of generic listing standards for crypto ETPs is likely to accelerate this trend. Multi-asset and staking-based ETFs are expected to follow, providing allocators with new tools to manage exposure across a broader range of digital assets.
The #Path Ahead
Historically, Q4 has been bitcoin’s strongest quarter, averaging 79% since 2013. With monetary policy easing and balance-sheet adoption continuing, conditions favor risk-on behavior. Yet the composition of that risk is continuously changing.
Crypto is no longer a single-asset decision. It’s evolving into a structured, multi-asset allocation space supported by corporate participation and regulated product access. For advisors, the market is beginning to reflect sustained institutional capital flows, a sign of an asset class moving steadfastly toward maturity.
Q. What are the top 3 things advisors should know when it comes to crypto?
1. Digital assets are growing, not going away.
Major banks like Goldman Sachs are writing articles on why digital asset adoption is accelerating. In a revised forecast, Citi projects that the stablecoin market could reach over $4 trillion by 2030. And on Sept. 17, 2025, the SEC introduced generic listing standards for crypto ETFs, opening the gates to a wide range of products. Ahead of these expected product launches, US-listed crypto ETFs and ETPs drew $4.73 billion in net inflows in September, with ADV topping $542 billion, AUM reaching $194 billion, according to TrackInsight. Education and understanding digital assets is pivotal as this asset class grows.
2. Say it with me, “Bitcoin is only the beginning.”
Bitcoin now accounts for approximately 59% of total market capitalization and there were times bitcoin was less than 40% of the market. One asset should not be a benchmark for the entire asset class. Diversification is key to potentially manage volatility and capture broader opportunities.
3. Broad-based benchmarks exist in crypto.
The CoinDesk 20 Index captures the performance of top digital assets and the CoinDesk 5 Index tracks the performance of the five largest constituents of the CoinDesk 20. CoinDesk 20 is highly liquid, generating over $15 billion in total trading volume since January 2024 and is available in twenty investment vehicles globally. CoinDesk 5 underlies the first US multi-crypto ETP, the Grayscale CoinDesk Crypto 5 ETF (GDLC). CoinDesk Indices offers hundreds of BMR-compliant indices to measure, invest and trade in the ever-expanding crypto universe.
"Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$AVAX $LINK $TRX
Digital assets extended their recovery in Q3 as liquidity returned to global markets. As stated in CoinDesk’s Digital Assets Quarterly Report, the Federal Reserve’s decision to cut rates to 4.0 percent to 4.25 percent created the most favorable backdrop for risk assets since 2022. Bitcoin ended the quarter up 6.4%. The S&P 500 and gold posted stronger gains, but the drivers of crypto were different. The demand primarily came from institutions, rather than traders.
ETFs Take the Lead
#etf flows continued to define the current market structure. U.S. spot bitcoin and ether products recorded $8.78 billion and $9.59 billion in net inflows. It was the first time that ether ETFs outpaced bitcoin, reflecting broader institutional diversification. Public companies added 190,000 BTC to their treasuries during the quarter, increasing total holdings to 1.13 million BTC, which is more than 5% of the circulating supply.
Corporate adoption remains the quiet force in this cycle. The “digital asset treasury” model, which originated with bitcoin, is now spreading across sectors and regions. Forty-three new public firms disclosed holdings in Q3. For many, digital assets are no longer an experiment, but rather a small, recurring allocation on the balance sheet.
Broader #market Rotations
Bitcoin’s dominance fell from 65% to 59%, marking the first sustained rotation into altcoins since early 2021. The CoinDesk 20 Index returned 30.8%, outperforming bitcoin by a wide margin. The CoinDesk 100 Index gained 27.8%, while narrower benchmarks such as the CoinDesk 5 Index rose 15.4%.
The rally was broad but selective. Ether (ETH), Avalanche (AVAX), and Chainlink (LINK) led the CoinDesk 20 with gains of 66.7%, 66.9%, and 59.2%, respectively. Flows into ether ETFs and treasury portfolios helped push the asset to a new all-time high near $4,955 in August. Solana rose 34.8%, supported by corporate accumulation and record app-level revenue.
Treasuries Go Multi-asset
Public companies are now reporting exposure to more than 20 digital assets. Ether leads with $17.7 billion in value held on balance sheets. Solana follows with $3.1 billion. Tron, World Liberty Financial, and Ethena each exceed $1 billion.
This activity marks the next phase of institutional adoption: diversification within the cryptocurrency sector itself. Treasury allocations that began with bitcoin are being extended to other assets. For some corporations, the assets function as reserves; for others, they serve as strategic positions tied to ecosystem partnerships or product launches.
The growth of these vehicles has also revealed a market hierarchy. A handful of firms now dominate trading activity within the “ Digital asset #Treasury ” segment, while smaller entrants face pressure as market NAVs drift below parity.
Benchmarks and Structure
The use of #benchmark 's has become central to this market shift. CoinDesk 20 and CoinDesk 5 now serve as reference points for ETFs, structured notes, and derivatives. Their methodology, based on liquidity, exchange coverage, and accessibility, aligns with the standards that institutional investors expect from traditional indices.
The SEC’s approval of generic listing standards for crypto ETPs is likely to accelerate this trend. Multi-asset and staking-based ETFs are expected to follow, providing allocators with new tools to manage exposure across a broader range of digital assets.
The #Path Ahead
Historically, Q4 has been bitcoin’s strongest quarter, averaging 79% since 2013. With monetary policy easing and balance-sheet adoption continuing, conditions favor risk-on behavior. Yet the composition of that risk is continuously changing.
Crypto is no longer a single-asset decision. It’s evolving into a structured, multi-asset allocation space supported by corporate participation and regulated product access. For advisors, the market is beginning to reflect sustained institutional capital flows, a sign of an asset class moving steadfastly toward maturity.
Q. What are the top 3 things advisors should know when it comes to crypto?
1. Digital assets are growing, not going away.
Major banks like Goldman Sachs are writing articles on why digital asset adoption is accelerating. In a revised forecast, Citi projects that the stablecoin market could reach over $4 trillion by 2030. And on Sept. 17, 2025, the SEC introduced generic listing standards for crypto ETFs, opening the gates to a wide range of products. Ahead of these expected product launches, US-listed crypto ETFs and ETPs drew $4.73 billion in net inflows in September, with ADV topping $542 billion, AUM reaching $194 billion, according to TrackInsight. Education and understanding digital assets is pivotal as this asset class grows.
2. Say it with me, “Bitcoin is only the beginning.”
Bitcoin now accounts for approximately 59% of total market capitalization and there were times bitcoin was less than 40% of the market. One asset should not be a benchmark for the entire asset class. Diversification is key to potentially manage volatility and capture broader opportunities.
3. Broad-based benchmarks exist in crypto.
The CoinDesk 20 Index captures the performance of top digital assets and the CoinDesk 5 Index tracks the performance of the five largest constituents of the CoinDesk 20. CoinDesk 20 is highly liquid, generating over $15 billion in total trading volume since January 2024 and is available in twenty investment vehicles globally. CoinDesk 5 underlies the first US multi-crypto ETP, the Grayscale CoinDesk Crypto 5 ETF (GDLC). CoinDesk Indices offers hundreds of BMR-compliant indices to measure, invest and trade in the ever-expanding crypto universe.
"Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$AVAX $LINK $TRX
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Strategy buys an additional 450 million USD worth of Bitcoin, Benchmark maintains ‘Buy’ rating
The company #strategy just spent 450 million USD to buy an additional 4,000 Bitcoins, raising the total number of BTC held to approximately 636,500, worth 70.6 billion USD. This transaction was primarily financed through the issuance of common stock, according to a new strategy that allows the company to issue shares when it sees fit.
Analysts' stance
In the context of Strategy's stock price decline and some investors' concerns about this strategy, analysts at investment bank #benchmark have reaffirmed a "Buy" rating and a price target of 705 USD for Strategy's stock. They argue that this new strategy is a "repetitive and opportunistic approach," allowing the company to leverage cheap capital to accumulate Bitcoin. According to Benchmark, Strategy's decision to loosen the stock issuance limits is a necessary move to support its market value and continue its Bitcoin buying strategy.
Future prospects
Analysts also point out that Strategy's potential inclusion in index #S&P500 in the upcoming rebalancing will create billions of USD in passive demand for the company’s stock. Although the S&P Index Committee may consider the specifics of Strategy since their profits depend on Bitcoin prices, this possibility still opens a positive outlook for both the company and the crypto market in general.
The company #strategy just spent 450 million USD to buy an additional 4,000 Bitcoins, raising the total number of BTC held to approximately 636,500, worth 70.6 billion USD. This transaction was primarily financed through the issuance of common stock, according to a new strategy that allows the company to issue shares when it sees fit.
Analysts' stance
In the context of Strategy's stock price decline and some investors' concerns about this strategy, analysts at investment bank #benchmark have reaffirmed a "Buy" rating and a price target of 705 USD for Strategy's stock. They argue that this new strategy is a "repetitive and opportunistic approach," allowing the company to leverage cheap capital to accumulate Bitcoin. According to Benchmark, Strategy's decision to loosen the stock issuance limits is a necessary move to support its market value and continue its Bitcoin buying strategy.
Future prospects
Analysts also point out that Strategy's potential inclusion in index #S&P500 in the upcoming rebalancing will create billions of USD in passive demand for the company’s stock. Although the S&P Index Committee may consider the specifics of Strategy since their profits depend on Bitcoin prices, this possibility still opens a positive outlook for both the company and the crypto market in general.
🔥💥Microstrategy receives buy.recommendation from Benchmark, which predicts Bitcoin will reach $125,000
#MicroStrategy Inc. (MSTR) received a Buy recommendation and a $990 per share price target from Benchmark in a client note on Tuesday.
Analysts believe that the company's shares are a strategic investment opportunity in anticipation of the upcoming decline in Bitcoin rewards. The investment firm's price target for the stock stems from its prediction that Bitcoin's value will rise to $ 125,000 by the end of 2025, compared to the previous day's closing price of $ 54,578.
Benchmark explained that the recommendation and price target are "based on a combined valuation approach that includes (1) the projected value of the company's Bitcoin assets by the end of 2025 and (2) the projected value of its enterprise analytical software operations by the end of 2025."
It is important to note that the first three decreases in Bitcoin rewards were followed by significant increases in the value of Bitcoin," they continued. "In the 12 months after the first discount in November 2012, the value of Bitcoin climbed from about $ 12 to almost $ 1,000. After the discount in July 2016, the value of Bitcoin rose from $ 650 to $ 2,550 over the next 12 months."
The firm also predicts that the combination of increased demand for Bitcoin due to the launch of several #Bitcoin exchange-traded funds and a slowdown in Bitcoin production due to reward discounting "could significantly raise the value of the cryptocurrency in the next few years."
"Although some analysts October think that the launch of Bitcoin exchange-traded funds in the US may negatively affect MSTR's share price, we believe that the stock still offers a significant investment attraction, as equity investors who previously bought shares instead of Bitcoin now have additional options," Benchmark said.
#binance #TrendingTopic #benchmark
#MicroStrategy Inc. (MSTR) received a Buy recommendation and a $990 per share price target from Benchmark in a client note on Tuesday.
Analysts believe that the company's shares are a strategic investment opportunity in anticipation of the upcoming decline in Bitcoin rewards. The investment firm's price target for the stock stems from its prediction that Bitcoin's value will rise to $ 125,000 by the end of 2025, compared to the previous day's closing price of $ 54,578.
Benchmark explained that the recommendation and price target are "based on a combined valuation approach that includes (1) the projected value of the company's Bitcoin assets by the end of 2025 and (2) the projected value of its enterprise analytical software operations by the end of 2025."
It is important to note that the first three decreases in Bitcoin rewards were followed by significant increases in the value of Bitcoin," they continued. "In the 12 months after the first discount in November 2012, the value of Bitcoin climbed from about $ 12 to almost $ 1,000. After the discount in July 2016, the value of Bitcoin rose from $ 650 to $ 2,550 over the next 12 months."
The firm also predicts that the combination of increased demand for Bitcoin due to the launch of several #Bitcoin exchange-traded funds and a slowdown in Bitcoin production due to reward discounting "could significantly raise the value of the cryptocurrency in the next few years."
"Although some analysts October think that the launch of Bitcoin exchange-traded funds in the US may negatively affect MSTR's share price, we believe that the stock still offers a significant investment attraction, as equity investors who previously bought shares instead of Bitcoin now have additional options," Benchmark said.
#binance #TrendingTopic #benchmark
🔺🔺$BTC ________🔥 for BTC updates ⏫️⏫️⏫️
Bitcoin(BTC) Surpasses 62,000 USDT with a 0.16% Increase in 24 Hours
BTC - BUY
Reason: Bitcoin crossing the 62,000 USDT benchmark indicates strong market confidence, suggesting a potential upward trend.
Signal strength: HIGH
Signal time: 2024-03-03 12:11:55 GMT
#BTC #BTCUSD #BTCUSDT #Signals100 #benchmark
Bitcoin(BTC) Surpasses 62,000 USDT with a 0.16% Increase in 24 Hours
BTC - BUY
Reason: Bitcoin crossing the 62,000 USDT benchmark indicates strong market confidence, suggesting a potential upward trend.
Signal strength: HIGH
Signal time: 2024-03-03 12:11:55 GMT
#BTC #BTCUSD #BTCUSDT #Signals100 #benchmark
TON Foundation Secures $400M Investment from Top VCs, TON Price Surges
💥💥💥TON Foundation just announced a major funding win – over $400 million invested by venture capital heavyweights including Sequoia Capital, #Rabbit , #benchmark , and Kingsway Capital. These top-tier investors are buying up $TON , showing serious confidence in the #TonEcosytem
🚀Following the announcement, $TON prices jumped significantly, creating a bullish market reaction. The price movement wasn't isolated, as $MAJOR and $X also experienced substantial gains alongside #TonChain .
🔥For crypto traders looking for opportunities right now, STONfi's liquidity pools are offering eye-catching returns:
MAJOR/TON pool is delivering a massive 683.57% APR (24h)TON/USDT pool is providing a solid 14.66% APR (24h)X/USDT pool is showing an impressive 607.82% APR (24h)
💪These high-yield liquidity pools on STONfi present potential earning opportunities for TON ecosystem participants as investor interest continues to grow following this major institutional backing.
🚀Following the announcement, $TON prices jumped significantly, creating a bullish market reaction. The price movement wasn't isolated, as $MAJOR and $X also experienced substantial gains alongside #TonChain .
🔥For crypto traders looking for opportunities right now, STONfi's liquidity pools are offering eye-catching returns:
MAJOR/TON pool is delivering a massive 683.57% APR (24h)TON/USDT pool is providing a solid 14.66% APR (24h)X/USDT pool is showing an impressive 607.82% APR (24h)
💪These high-yield liquidity pools on STONfi present potential earning opportunities for TON ecosystem participants as investor interest continues to grow following this major institutional backing.
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