According to TechFlow, Coindesk reported that the brokerage Bernstein report pointed out that Bitcoin miners have become ideal partners for building artificial intelligence (AI) data centers due to their sufficient power supply and operational capabilities. Bernstein gave miners Iris Energy and Core Scientific an outperform rating with a target price of $17.
Bernstein said the five largest bitcoin miners in the United States are expected to continue to consolidate and grow to about 25% of bitcoin's global computing power, with the medium-term choice to turn to artificial intelligence. Bernstein predicts that the price of bitcoin will reach $200,000 in 2025, $500,000 in 2029, and exceed $1 million in 2033.
