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Bitcoin Miners CleanSpark, Cipher Mining Win JPMorgan Support For Growth, Efficiency Edge
Tuesday, December 10, 2024 - 1:37pm | 609JPMorgan doesn't often issue upgrades to two bitcoin miners at once, but that's exactly what happened on Tuesday with CleanSpark Inc (NASDAQ:CLSK) and Cipher Mining Inc (NASDAQ:CIFR). The bank's analyst Reginald L. Smith made the call to boost both stocks from Neutral to Overweight, and here's why...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, December 6, 2024 - 11:49am | 1712Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...
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Bitcoin Surge Powers Riot, Marathon Into Golden Cross Territory: Are Crypto Bulls Back?
Wednesday, December 4, 2024 - 11:43am | 691Bitcoin's (CRYPTO: BTC) fiery resurgence, rallying over 38% in the past month, has lit a spark under cryptocurrency miners Riot Platforms Inc (NASDAQ:RIOT) and Marathon Digital Holdings Inc (NASDAQ:MARA). Both stocks have achieved a Golden Cross — a technical milestone where the 50-day moving...
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Crypto-Related Shares Fall Today: What's Going On?
Monday, December 2, 2024 - 5:16pm | 298Shares of crypto-linked companies Hut 8 Corp. (NASDAQ:HUT), MARA Holdings, Inc. (NASDAQ:MARA) and Riot Platforms Inc. (NASDAQ:RIOT) are trading lower Monday as Bitcoin (CRYPTO: BTC/USD) experienced a pullback after its recent rise near $100,000. Here’s what you need to know. What To Know:...
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CleanSpark: Bullish Buzz Or Resistance Ahead Before Q4 Reveal?
Monday, December 2, 2024 - 11:51am | 533Wall Street expects Bitcoin miner CleanSpark Inc (NASDAQ:CLSK) to report a loss of 18 cents per share and $88.65 million in revenues when it posts fourth-quarter earnings after market hours on Monday. The company’s stock is up 61.78% over the past year, and 46.43% over the past month. Let...
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Bitcoin Miners Surge 52% In November As Prices Near $100,000
Monday, December 2, 2024 - 9:45am | 441November was a blockbuster month for U.S.listed Bitcoin (CRYPTO: BTC) miners, with the sector riding Bitcoin's meteoric rise to fresh record highs. JPMorgan analyst Reginald L. Smith noted that Bitcoin rallied to $99,000 before ending the month of November at $97,000, buoyed by a post-election...
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Bitcoin Boom 2.0? MicroStrategy Gains Traction As 'Leveraged Bet' On Crypto Growth
Thursday, November 21, 2024 - 3:45pm | 600Donald Trump's election stoked anticipation of a looser regulatory landscape, benefiting the crypto ecosystem. Companies like MicroStrategy Inc (NASDAQ:MSTR), long synonymous with its audacious Bitcoin (CRYPTO: BTC) strategy, is emerging as a key player in this evolving market. The company, which...
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Bitcoin Miners Hive Digital, Hut 8, Bitfarms To Report Earnings As Future Of Crypto 'Has Never Been Brighter'
Tuesday, November 12, 2024 - 2:45pm | 678Bitcoin (CRYPTO: BTC) has soared to all-time highs following Donald Trump's election win, also lifting Bitcoin mining stocks on a wave of positive sentiment. Here's a look at what to watch as several Bitcoin miners are set to report earnings before Wednesday's opening bell. Hut 8 Corp.'s (NASDAQ:...
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Bitcoin Miner Marathon Digital 'Inexplicably Expensive,' While Riot Platforms 'Cheap,' Says Analyst
Tuesday, October 1, 2024 - 8:50am | 428Bitcoin (CRYPTO: BTC) mining stocks are a mixed bag right now. With soaring hashrates and dwindling returns, the industry is feeling the squeeze. But according to JPMorgan's Reginald L. Smith, not all miners are created equal. In fact, Smith says MARA Holdings Inc (NASDAQ:MARA) is far too...
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Iris Energy Stock Climbs After FY24 Results: 4,191 Bitcoin Mined, Record Mining Revenue And More
Wednesday, August 28, 2024 - 5:42pm | 400Iris Energy Limited (NASDAQ:IREN) reported its fiscal-year financial results after Wednesday's closing bell. Here's a look at the key figures from the report. The Details: Iris Energy reported record fiscal-year Bitcoin (CRYPTO: BTC) mining revenue of $184.1 million, up from $75.5 million last...
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Bitcoin Halving Squeezes Miners, But Marathon, CleanSpark Stand Out: JPMorgan
Friday, August 23, 2024 - 9:43am | 562Bitcoin miners faced a challenging second quarter of 2024, navigating the fourth Bitcoin (CRYPTO: BTC) halving event that slashed their daily coin yields in half. The halving led to lower margins and profitability across the sector, with total bitcoin mined down 28% sequentially, according to a...
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CleanSpark Stock Falls After Bitcoin Miner Postpones Q3 Earnings
Thursday, August 8, 2024 - 4:47pm | 315Shares of Bitcoin (CRYPTO: BTC) mining company CleanSpark Inc (NASDAQ:CLSK) are sliding in Thursday’s after-hours session after the company delayed its fiscal third-quarter financial results. What Happened: CleanSpark was scheduled to report fiscal third-quarter earnings after the market...
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Bitcoin Miners With AI Exposure Stumble While Traditional Players Thrive: What's Behind July's Shake-Up?
Thursday, August 1, 2024 - 9:23am | 815July was a month of stark contrasts in the Bitcoin (CRYPTO: BTC) mining sector. As miners with AI exposure grappled with losses while traditional mining companies seized the spotlight, showcasing the dynamic nature of the industry. With evolving market conditions and technological shifts, how...
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What Happened With Bitcoin Miner Hut 8's Stock Today?
Monday, July 15, 2024 - 4:24pm | 621Hut 8 Corp. (NASDAQ:HUT) shares traded higher Monday as the price of Bitcoin (CRYPTO: BTC) climbed above $63,000. The Details: Bitcoin has rallied nearly 6% over the past 24 hours as investors interpret the increasing odds of a second term for former President Donald Trump as a positive...
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Bitcoin Dips, Miners Slip: Who's Bleeding The Most — Hut 8, Marathon Digital Or Hive Digital?
Friday, July 5, 2024 - 11:09am | 698Crypto mining stocks took a hit in pre-market trading as Bitcoin (CRYPTO: BTC) plummeted 22.45% over the past month and is down 9.15% in just five days. Here’s a closer look at three of the top pre-market losers and whether their dips offer a compelling opportunity: Hut 8 Corp. (NASDAQ:HUT...