๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐: Bitcoin miners best positioned in โtime to computeโ race, Bernstein says - $Terawulf(WULF.US) $Cipher Digital(CIFR.US) $Riot Platforms(RIOT.US) $CleanSpark(CLSK.US) $Bitfarms Canada(BITF.US) $Hut 8 Mining(HUT.US)
๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โค Bernstein starts coverage on ๐๐๐ซ๐๐๐ฎ๐ฅ๐ and ๐๐ข๐ฉ๐ก๐๐ซ ๐๐ข๐ ๐ข๐ญ๐๐ฅ with Outperform ratings.โค Firm says Bitcoin miners are well-positioned to meet growing ๐๐ ๐๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ demand.โค Miners have contracted ๐ ๐๐ across ๐๐ deals worth over $๐๐๐๐.โค Bernstein forecasts AI revenue across coverage universe rising from $๐.๐๐ to $๐๐.๐๐ by ๐๐๐๐.โค TeraWulf receives a $๐๐ price target; AI revenue projected at $๐.๐๐ by 2030.โค Cipher Digital receives a $๐๐ price target with an $๐๐.๐๐ contracted order book.โค Both companies are expected to generate industry-leading ๐๐๐๐๐๐ ๐ฆ๐๐ซ๐ ๐ข๐ง๐ฌ from AI infrastructure.๐ฌ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ญ๐๐ญ๐๐ฆ๐๐ง๐ญ:โBitcoin miners remain best positioned to solve โtime to computeโ given their planned 30 GW power portfolio and operating ability to deliver โwarm powered shellsโ in time,โ said Bernstein analyst Gautam Chhugani.The firm noted that Bitcoin miners have signed 17 AI infrastructure agreements totaling more than $110 billion over the last two years, representing approximately 10% of AI data center capacity currently under construction. Bernstein believes existing power access, development expertise, and speed-to-market advantages position miners as key beneficiaries of the expanding AI infrastructure buildout.