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Morgan Stanley Starts Coverage on TeraWulf Inc. (WULF)
Yahoo Finance· 2026-02-18 04:28
TeraWulf Inc. (NASDAQ:WULF) is among the 11 Best Bitcoin and Blockchain Stocks to Invest in. Morgan Stanley Starts Coverage on TeraWulf Inc. (WULF) TeraWulf Inc. (NASDAQ:WULF) is among the Best Bitcoin Stocks. Morgan Stanley started coverage on TeraWulf Inc. (NASDAQ:WULF) on February 9, 2026, with an Overweight rating and a $37 price target. The firm stressed the corporation’s history of obtaining contracts from data center clients and developing a variety of power infrastructure assets. Morgan Stanle ...
H.C. Wainwright is Bullish on Hut 8 Corp. (HUT)
Yahoo Finance· 2026-02-18 04:27
Core Insights - Hut 8 Corp. is recognized as one of the best Bitcoin and blockchain stocks to invest in, highlighting its strong position in the market [1][2]. Company Performance - Hut 8 Corp. reported $83.5 million in revenue, $50.6 million in net income, and $109.0 million in Adjusted EBITDA for the most recent quarter [5]. - The company has an energy capacity of 1,020 MW and is developing a pipeline of 8,650 MW through various stages [5]. - Hut 8 holds 13,696 Bitcoin valued at approximately $1.6 billion [5]. - The stock has increased by 3.80% year-to-date as of February 11, 2026 [5]. Analyst Ratings and Price Targets - H.C. Wainwright analyst Kevin Dede initiated coverage of Hut 8 with a Buy rating and a price target of $80, citing potential for infrastructure collaborations with hyperscalers [3]. - Roth Capital also maintained a Buy rating and raised its price target to $80, emphasizing the company's scalability potential beyond 1 gigawatt [4]. Industry Position - Hut 8 Corp. specializes in Bitcoin mining and offers services such as hosting, managed infrastructure operation, and digital asset mining [6].
X @Decrypt
Decrypt· 2026-02-17 22:35
Bitcoin miner Bitdeer has overtaken MARA in terms of self-mining hash rate among publicly traded companies, according to JPMorgan analysts. https://t.co/iYe43VTrmM ...
Bitcoin Miner Bitdeer Overtakes MARA, Establishing Hash Rate Lead: JPMorgan
Yahoo Finance· 2026-02-17 20:35
Bitcoin miner Bitdeer has overtaken MARA in terms of self-mining hash rate among publicly traded companies, establishing itself as an industry leader within the past month, according to JPMorgan analysts. At 63.2 exahashes per second (EH/s), Bitdeer is now allocating more computational resources to Bitcoin’s network for itself than MARA, analysts led by Reginald Smith wrote. MARA last reported a self-mining hash rate of 60.4 EH/s. The shakeup follows what analysts described as an “impressive” month for Bit ...
X @The Block
The Block· 2026-02-17 13:39
Bitcoin miner Hive reports record revenue as hashrate expands despite $91 million net loss tied to accelerated depreciation https://t.co/mwgzVPHGGq ...
IREN Drops 14% as Bitcoin Mining Revenue Falls to $167 Million
247Wallst· 2026-02-13 18:52
Core Insights - IREN's Q2 revenue fell to $184.7 million, missing estimates by 20% compared to the consensus of $229.65 million [1] - Bitcoin mining revenue dropped significantly to $167.4 million from $232.9 million, as the company shifts focus to AI infrastructure [1] - The stock price of IREN declined by 14% following the earnings report, reflecting negative retail sentiment and discussions on social media platforms [1] Financial Performance - IREN reported Q2 FY26 earnings of $184.7 million, which is a 20% miss from the expected $229.65 million [1] - The company's Bitcoin mining revenue decreased by 28% from Q1 to Q2, falling from $232.9 million to $167.4 million [1] - IREN has a $9.7 billion contract with Microsoft, aiming for an annualized revenue of $3.4 billion from AI cloud services by the end of 2026 [1] Market Sentiment - Retail sentiment around IREN has soured, with a drop in Reddit's sentiment score from 42 to 39, and further to 8 on February 6 [1] - Discussions on social media platforms are polarized, with some traders expressing skepticism about the company's pivot to AI [1] - Despite the negative sentiment, there is some stabilization in discussions, with 170 comments debating the company's valuation by February 12 [1] Stock Volatility - IREN's stock has a high beta of 4.28, indicating significant volatility in the market [1] - After a sharp decline on February 6, the stock rebounded by 13% on February 9 but subsequently lost those gains, closing around $42 on February 13 [1] - The stock is currently trading 46% below its November high of $76.87, raising questions about its ability to execute its strategy effectively [1]
CleanSpark (CLSK) Stock Is Surging Friday: What's Driving The Action?
Benzinga· 2026-02-13 17:56
Core Viewpoint - CleanSpark's stock is experiencing a surge primarily due to the rising price of Bitcoin, which directly impacts the company's revenue and profitability as a bitcoin miner [2]. Group 1: Financial Performance - CleanSpark reported fiscal first-quarter revenue of approximately $181 million, which fell short of Wall Street estimates of around $196 million, and recorded a loss of $1.35 per share, which was wider than expected [3]. - The company has a strong balance sheet, with over $450 million in cash and roughly $1 billion worth of bitcoin as of December 31, 2025, providing the company with the ability to expand capacity despite cryptocurrency price volatility [4]. Group 2: Stock Performance - CleanSpark's stock is currently trading 13.2% below its 20-day simple moving average (SMA) and 27.9% below its 100-day SMA, indicating a challenging short-term outlook despite recent gains [5]. - Over the past 12 months, CleanSpark shares have decreased by 5.62%, and they are closer to their 52-week lows than highs, suggesting ongoing pressure in the longer-term trend [5]. - The stock's Relative Strength Index (RSI) is at 38.38, indicating neutral territory, while the MACD is below its signal line, suggesting bearish pressure on the stock [6]. Group 3: Market Sentiment - CleanSpark currently holds a low Momentum score of 17.64 according to Benzinga Edge rankings, highlighting the weakness of the stock's trend even after the recent price increase [7]. - As of the latest publication, CleanSpark shares were up 8.81% at $10.14, with key resistance at $11.00 and key support at $9.00 [8].
Why Bitfarms Ltd. (BITF) is One of the Best Strong Buy Penny Stocks to Invest In
Yahoo Finance· 2026-02-13 16:44
Company Overview - Bitfarms Ltd. (NASDAQ:BITF) is a vertically integrated Bitcoin mining company based in Canada, operating server farms with computers specifically designed to validate transactions on the Bitcoin Blockchain [4]. Strategic Developments - On February 6, Bitfarms Ltd. announced that its Board of Directors approved a plan to redomicile from Canada to the United States, pending shareholder, stock exchange, and court approvals [1]. - This arrangement is the result of a comprehensive strategic review process conducted by the Board over the past 12 months, focusing on capital market trends and investor sentiment to enhance long-term shareholder value [2]. Market Performance and Analyst Insights - On January 26, Bitfarms Ltd. was downgraded to Market Perform from Outperform by Keefe Bruyette, which raised the price target to $3 from $2.50. The firm expressed that it does not expect a leasing agreement for the company until the second half of 2026 and raised concerns about the company's increasing leverage and capital expenditures [3].
Clear Street Trims Price Target on CleanSpark (CLSK) to $22, as Bitcoin Prices Fall
Yahoo Finance· 2026-02-13 14:52
Core Viewpoint - CleanSpark Inc. (NASDAQ: CLSK) is identified as a high-risk, high-reward growth stock, with a recent target price adjustment reflecting market conditions and company performance [1]. Financial Performance - CleanSpark reported Q1-FY2026 revenues of $162.3 million, marking an 11.6% year-over-year increase [2]. - The company mined 1,821 units of Bitcoin and sold 1,732 units, generating total proceeds of $168.4 million at an average price of $97,205 per Bitcoin [2]. Income Statement - Despite revenue growth, CleanSpark experienced a net loss of $378.7 million for the quarter, compared to a loss of $246.8 million in Q1-FY2025, primarily due to mark-to-market losses on Bitcoin holdings [3]. - As of December 31, 2025, CleanSpark held 13,099 units of Bitcoin valued at $1.15 billion, with Bitcoin prices having fallen 23.3% from $114,056 to $87,509 between September 30 and December 31, 2025 [3]. Market Sentiment - Clear Street reduced its target price for CleanSpark by 18.5% to $22, down from $27, while maintaining a Buy recommendation, indicating a positive fundamental outlook despite recent Bitcoin price declines [1][3].
HIVE Digital to report Q3 results on Feb. 17
Yahoo Finance· 2026-02-13 02:29
Core Insights - HIVE Digital Technologies Ltd. will release its financial results for the nine months ended December 31, 2025, on February 17, 2026, with an earnings call scheduled for 8:00 am Eastern Time [1][2] - The upcoming results will provide insights into HIVE's Bitcoin mining operations and GPU-accelerated high-performance computing business [2] Company Overview - Founded in 2017, HIVE was the first publicly listed company to mine digital assets using green energy [3] - The company operates Tier-1 and Tier-3 data centers across Canada, Sweden, and Paraguay, supporting both Bitcoin mining and AI computing workloads [3] Recent Performance - HIVE reported strong operating results for January 2026, with an average hashrate of 22.2 exahash per second (EH/s), peaking at 23.7 EH/s, representing a 290% increase from 5.7 EH/s a year earlier [4] - Bitcoin production in January totaled 297 BTC, up 191% from 102 BTC in January 2025, with average daily production reaching 9.6 BTC despite a 30% year-over-year increase in global mining difficulty [5] - The company maintained over 2% of the global Bitcoin network hashrate during January [5] Operational Strategy - HIVE attributes its consistent performance to a geographically diversified model spanning three continents and nine time zones, which helped maintain stable operations during severe cold weather in the northern hemisphere [6]