‘The power landlords of AI’: Bernstein initiates coverage on bitcoin miners TeraWulf and Cipher Digital, sees ninefold AI revenue by 2030
Hex37's read
- Bernstein initiates coverage on TeraWulf and Cipher Digital.
- Both stocks are rated 'Outperform' with price targets.
- AI revenue for these companies is projected to grow ninefold by 2030.
What it means for traders
- Positive analyst sentiment on TeraWulf and Cipher Digital could drive short-term price appreciation.
- The long-term AI revenue projection suggests a potential shift in business focus and growth drivers.
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