Bitcoin (BTC) Miner Price Targets Raised to Reflect Improved Mining Economics: JPMorgan

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Crypto News

JPMorgan (JPM) raised its price targets for a number of bitcoin mining companies to reflect first-quarter results and changes to the bitcoin price and the network hashrate, the bank said in a report Friday. The bank lifted its CleanSpark (CLSK) price target to $14 from $12, its Riot Platforms (RIOT) objective to $14 from $13 […]

Bitcoin Miner MARA Stock Surges Despite Earnings Miss as Analysts Applaud Cost Cutting

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Crypto News

Bitcoin miner MARA Holdings (MARA) stock outperformed peers on Friday, even after its first quarter results missed Wall Street’s estimates, as the company’s focus on lowering costs is seen as positive by analysts. Jefferies analysts said that with the bitcoin BTC$103,177.52 price improving in the second quarter of this year and MARA focusing on more […]

Bitcoin Miner MARA Starts Massive $2B At-the-Market Stock Sale Plan to Buy More BTC

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Crypto News

Bitcoin mining company MARA Holdings (MARA) is launching a fresh $2 billion stock offering to buy more bitcoin, continuing its plan of buying BTC in the open market through capital raise while sticking to its “Hodl” strategy. According to a Form 8-K and a new prospectus filed with the U.S. Securities and Exchange Commission (SEC), […]