BUSINESSJun 4 · 11:51 UTCTHE BLOCKNaga Avan-Nomayo

‘The power landlords of AI’: Bernstein initiates coverage on bitcoin miners TeraWulf and Cipher Digital, sees ninefold AI revenue by 2030

Bernstein initiates coverage on Bitcoin miners TeraWulf and Cipher Digital, setting them at Outperform with $36 and $32 price targets. The firm projects AI revenue for these companies to grow ninefold by 2030.

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