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Published on 10 Dec 2024 on Benzinga

Bitcoin Miners CleanSpark, Cipher Mining Win JPMorgan Support For Growth,...

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JPMorgan doesn't often issue upgrades to two bitcoin miners at once, but that's exactly what happened on Tuesday with CleanSpark Inc CLSK and Cipher Mining Inc CIFR.

The bank's analyst Reginald L. Smith made the call to boost both stocks from Neutral to Overweight, and here's why: the market has been overly punishing them despite the surging Bitcoin BTC/USD price, creating a golden opportunity for investors looking to capitalize on the ongoing crypto-mining boom.

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