Bernstein Believes Mining Stocks Will Outperform Bitcoin
According to Bernstein analysts, the most effective way to invest in Bitcoin’s rise to $150,000 is through shares of mining companies.
Retail investors dominate this segment, with institutions largely hesitant due to skepticism over cryptocurrencies.
As the market surges, it is expected that institutional interest in mining-related stocks will also rise. Riot Platforms and CleanSpark are highlighted as top beneficiaries, with estimated gross profits of 60-70% even after the halving.
With a projected decrease in mining capacity, the market share of these companies is expected to increase.