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JPMorgan cuts target share price of mines such as CleanSpark
JPMorgan said that at the current bitcoin price, the remaining 1.30 million BTC to be mined are worth about $74 billion. JPMorgan said it lowered the target price of the miner to $10.50 from $12.50, taking into account the second quarter results and changes in bitcoin prices and network hashrate, while maintaining a neutral rating on the stock. It lowered the Iren target price from $11 to $9.50, and maintained an overweight rating. Marathon Digital, which reduced its rating, lowered its price ta...
2024-08-23 11:52:33
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