Riot Platforms maintains a Strong Buy rating and a $25.74 price target amid near-term challenges in bitcoin and AI markets. The company's growth depends on expanding its AMD data center hosting deal to 200MW and potential new projects in Corsicana. Key factors for Q2 2026 earnings include executing the AMD lease, delivering 25 MW capacity on time, and providing credible guidance on further expansion. Funding through equity issuance and bitcoin mining is crucial, while a shift to AI and high-performance computing hosting could boost long-term value and stock re-rating.
MARA Holdings, a major Bitcoin miner with a large 35,577 BTC treasury, saw its stock drop 5% due to rising 10-year Treasury yields hitting near 4.7%, which pressures valuations of rate-sensitive infrastructure stocks. Despite MARA's strategic assets ...
Shares of Bitcoin miners shifting focus to AI infrastructure, including Cipher Mining, TeraWulf, and HIVE Digital, dropped significantly due to rising 10-year Treasury yields nearing 4.7%. Higher yields increase borrowing costs and reduce the present...
The Valkyrie Bitcoin Miners ETF (WGMI) has risen 97% over the past year despite bitcoin falling 46%, due to its holdings shifting from traditional bitcoin mining to AI leasing deals. Companies like Riot, Core Scientific, and IREN have signed multi-bi...
