Bernstein: The share of BTC mining companies listed in the United States' Computing Power has increased to 29%, with REN showing the fastest growth.

DeepFlowTech
BTC-4,39%

In the latest report from CoinDesk on February 17, according to the news from DeepChain TechFlow, the proportion of Computing Power of US-listed BTC mining companies has risen from 20% in the same period last year to 29% in January this year. Analyst Gautam Chhugani stated that these mining companies are expanding their market share by leveraging their advantages in capital, land, and electricity.

A research report pointed out that IREN has the fastest rise in Computing Power, followed by CleanSpark, Riot Platforms, and MARA Holdings. Bernstein gives IREN, CleanSpark, and Riot Platforms an ‘outperform’ rating with target prices of $26, $30, and $22 respectively; gives MARA Holdings a ‘market perform’ rating with a target price of $23. IREN, MARA Holdings, and CleanSpark have outstanding performance in power efficiency and uptime.

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