By Marco Piccolo Key highlights: Bernstein raises IREN’s price target from $20 to $75, citing its aggressive move into AI cloud services. IREN is now the largest public bitcoin miner by market cap, with shares up over 500% in six months. Analysts estimate AI will account for 87% of IREN’s value, with bitcoin mining contributing […]
Tag: EBITDA
By Marco Piccolo Key highlights: Coinbase reported Q2 2025 revenue and earnings that missed Wall Street expectations, prompting a flurry of analyst downgrades and price target cuts. Analysts cited declining transaction volumes, weaker retail interest, and rising competition from decentralized platforms as key concerns. Despite short-term headwinds, some firms remain optimistic, highlighting Coinbase’s strong balance […]
By Marco Piccolo Key highlights: Fundstrat’s Tom Lee predicts Ethereum could reach $10,000, citing tokenization and staking yield as key drivers. BitMine Immersion Technologies appoints Lee as chairman and raises $250 million to buy ETH for its treasury. Ethereum’s role in stablecoins and smart contracts seen as critical to its long-term value proposition. Trade Crypto […]