Analysts of Wall Street’s giant institution Bernstein said that investing in Bitcoin miners is the best way to invest in BTC.
Bernstein analysts Gautam Chhugani and Mahika Sapra wrote in a note to clients. Bitcoin price reaches 150 thousand dollars going right now The best Bitcoin investment method He stated that they are mining companies.
Analysts say miners are in almost every bull market It outperforms Bitcoin He said that it performed less well in bear markets and made the following statements:
Investors must have a through-cycle perspective and for us we are still in the middle of the 2024-25 cycle and view any weakness in miners as a buying opportunity.
According to analysts, companies engaged in Bitcoin mining are currently preferred by individual investors. In this situation Even when the Bitcoin price rises, it still lags behind mining companies. why is this happening.
Gautam Chhugani and Mahika Sapra Riot Platforms And of CleanSpark especially after the halving, even if production costs double, the current Bitcoin price around 70% He said they would make a profit. On the other hand, even a small decrease in miner capacity RIOT and it was stated that it would lead to CLSK gaining market share.
Bernstein analysts say Bitcoin price for 150 thousand dollars While they speak more confidently about their rise a greater increase after halving He said they were waiting. Finally, analysts said spot ETFs are still in their early days.