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Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'

[Oct 29, 2024 2:45 PM] The broker initiated coverage of HIVE with an overweight rating and $9 price target.

BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies

[Oct 28, 2024 11:06 AM] The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.

Core Scientific, on Cusp of Becoming a Major Force in AI Hosting, Initiated at Buy: Canaccord

[Sep 23, 2024 10:30 AM] The broker started coverage of the bitcoin miner with a buy rating and a $16 price target.

Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright

[Aug 14, 2024 2:28 PM] The broker upgraded the bitcoin miner's shares to buy from sell and raised its price target on the stock to $13.50 from $7.50.

MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High

[Aug 2, 2024 4:09 PM] The broker raised its year-end price target for the software company to $2,150 from $1,875.

Iris Energy Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord

[Jul 24, 2024 2:54 AM] The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.

Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi

[Jul 23, 2024 5:31 AM] The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.

Core Scientific Upgraded to Buy From Neutral to Reflect HPC Expansion: B Riley

[Jul 17, 2024 8:50 AM] The bitcoin miner will be a future leader in HPC hosting due to the lucrative deals it has signed with CoreWeave and management’s deep experience in operating enterprise data centers, the report said.

DeFi Technologies Stock Sell-Off Is 'Attractive Buying Opportunity,' Benchmark Says

[Jun 20, 2024 8:24 AM] The stock lost nearly half of its value earlier this week following the tumble in altcoins and after the publication of a negative opinion piece in a crypto newsletter, the report said.

Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy

[Jun 14, 2024 2:42 AM] The broker initiated coverage of the stock with an outperform rating and a $2,890 price target.

Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics

[May 17, 2024 7:06 AM] The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.

Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts

[May 9, 2024 4:15 AM] The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.

Bitcoin Could Benefit From U.S. Fiscal Dominance and a Trump Win, Standard Chartered Says

[May 7, 2024 9:06 AM] A Trump election win could be positive for crypto as his administration would likely push for a more supportive regulatory environment, the report said.

Crypto Exchange Coinbase Had a Blowout First Quarter: Analysts

[May 3, 2024 4:33 AM] The business has a number of positive catalysts including its smart wallet Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said.

MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark

[Apr 25, 2024 6:48 AM]

MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark

[Apr 8, 2024 6:10 AM] The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.

Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord

[Apr 5, 2024 2:12 AM] The broker cut its price target to $14 from $17.50 while maintaining its buy rating.

Robinhood Initiated as Market Perform at KBW as Retail Trading Returns

[Apr 3, 2024 3:44 AM] Retail engagement materially accelerated in the first quarter, the report said.

Galaxy Digital Has Several Positive Catalysts in Play This Year: Canaccord

[Mar 27, 2024 3:25 AM] The crypto firm’s fourth quarter was solid, and commentary about the performance through the end of February was even better, the report said.

Coinbase Is More Than Just a Crypto Exchange: JMP Securities

[Mar 22, 2024 6:55 AM] Momentum continues to build in the company’s ancillary businesses, the report said.

Bitcoin Year-End Price Target Raised to $90K at Bernstein

[Mar 21, 2024 7:30 AM]

Robinhood to Benefit From ‘Monster’ Crypto Cycle, Initiated Outperform by Bernstein

[Mar 14, 2024 2:44 AM] Total crypto market cap is expected to reach $7.5 trillion by 2025 from $2.6 trillion today, the report said.

Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance

[Mar 8, 2024 7:10 AM] The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.

Coinbase Analysts Turn More Bullish on Crypto Exchange After Earnings Beat; Shares Climb

[Feb 16, 2024 8:21 AM] Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.

Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Stronger Than Many People Realize'

[Jan 26, 2024 10:01 AM] Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade.

Quality Bitcoin Mining Stocks Offer a Good Way to Gain Exposure to the Next Bull Run: Bernstein

[Oct 31, 2023 2:51 AM] Bernstein expects bitcoin to rise to a high of $150,000 in the 2024-2027 cycle, the report said.

Coinbase to Face ‘Reality Check’ as Retail FOMO Is Fading, Mizuho Says

[Sep 12, 2023 9:55 AM] In a break with historical norms, the exchange’s volumes continue to fall even as the bitcoin price has risen, suggesting disengagement by retail customers, the report said.

Coinbase Bears Doubt Stock Can Rise Even After Exchange Beats Estimates

[Aug 4, 2023 8:34 AM] It’s hard to see a favorable valuation argument for the stock given the company’s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said.

Coinbase Cut to Underweight Ahead of Earnings by Barclays

[Jul 13, 2023 6:12 AM] The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.

Investor Enthusiasm for Coinbase Shares May Prove Short-Lived: Berenberg

[Jun 30, 2023 5:21 AM] The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said.