🚀 Bernstein Raises Price Targets for Bitcoin Miners Amid AI Boom! 💡
Wall Street firm Bernstein says U.S.-listed Bitcoin miners are rapidly evolving into key players in the AI infrastructure value chain — shifting from pure crypto plays to power and data center monetization. ⚡🤖
The firm updated its valuation model to a sum-of-parts approach to better reflect AI colocation exposure and infrastructure potential.
📈 New Price Targets:
CORZ: $24 (from $17)
RIOT: $25 (from $19)
CLSK: $24 (from $20)
Bernstein notes the AI–Mining convergence is now one of the fastest-growing trends on Wall Street. 🏗️💰
