Cipher Mining

The analyst framed some bitcoin mining sites as infrastructure assets, lifting CIFR and WULF shares while MARA lags.

The average network hashrate fell 1% last month after hitting record highs in October.

The bank sees new upside for bitcoin miners as HPC partnerships reshape the sector.

The expansion adds 56 MW at Barber Lake and secures $830 million in contracted revenue, reinforced by increased Google backing.

The crypto miner is pushing deeper toward AI infrastructure with AWS lease, new West Texas data center plans.

The gold rally may need to cool before bitcoin could really gain momentum, suggested another analyst.

Bitcoin treasury stocks are lagging, however, despite BTC trading above $124K.

The broker maintained its buy rating on the stock and raised its price objective to $16 from $12.

Alongside, JPMorgan downgraded IREN and CleanSpark

Proceeds are intended to support Barber Lake buildout, HPC expansion, and capped call transactions to reduce share dilution.