Bernstein Rates TeraWulf and Cipher Digital as Outperform
2026-06-04 12:30:19
Bernstein has initiated coverage on TeraWulf and Cipher Digital, assigning both companies an Outperform rating. The firm has set price targets of $36 for TeraWulf and $32 for Cipher Digital. According to NS3.AI, Bernstein anticipates a significant increase in AI revenue across its Bitcoin miner coverage, projecting a ninefold rise by 2030.
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