🚀 JPMorgan is turning up the heat on Bitcoin mining stocks! Following Q3 results and a bullish Bitcoin price, the bank upgraded Cipher Mining (CIFR) and CleanSpark (CLSK) to "overweight" with new price targets of $8 and $17, respectively. MARA Holdings (MARA) also got a boost to "neutral" with a $23 target. Meanwhile, Riot Platforms (RIOT) saw its target rise to $16, maintaining its "overweight" status. 📈
JPMorgan's fresh valuation framework considers mining operations, land, power portfolios, and hodl balances. What do you think of these moves? Share your thoughts below!