👉👉Bernstein Reiterated His 200 Thousand Dollar Goal! 👈👈
Bernstein company published a report in which it repeated its Bitcoin price prediction of $ 200,000 by the end of 2025. The company announced that this report covers two Bitcoin mining companies, IREN and Core Scientific, and that relevant evaluations will be included in future reports.
Bernstein's research unit focuses on data centers used for Bitcoin miners and artificial intelligence. Focusing specifically on companies such as IREN and Core Scientific, Bernstein will begin providing reports about these miners to its customers. The report, published under the signatures of Gautam Chhugani and Mahika Sapra, included the following statements:
“Bitcoin miners are beginning to be recognized as a valuable partner for energy access, energy management and the establishment of AI data centers. Where long approval processes are required for the construction of new energy facilities, Bitcoin miners can access energy connections in a much shorter time. “This provides significant time savings in the market.”
Analysts explained their reasons for covering Core Scientific's deal with artificial intelligence firm CoreWeave, which has an expected revenue of $3.5 billion, and IREN's agreement to use Nvidia GPUs to artificial intelligence startup Poolside.
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