Bernstein sees upside for bitcoin miners amid $90B in AI deals
Bernstein has identified potential growth for bitcoin miners as they adapt to the increasing demand for AI infrastructure. The firm has issued Outperform ratings on several miners, highlighting their ability to leverage their existing power infrastructure. This shift comes amid an estimated $90 billion investment wave in AI technologies.
- ▪Bernstein sees bitcoin miners as valuable due to their power infrastructure for AI companies.
- ▪The firm has rated four miners, including IREN, Riot Platforms, CleanSpark, and Core Scientific, as Outperform.
- ▪IREN is highlighted as the top pick with a price target of $75.
Opening excerpt (first ~120 words) tap to expand
<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/19062703/environmental-impact-of-bitcoin-wikipedia-1-800x420.jpeg" alt="Bernstein sees upside for bitcoin miners amid $90B in AI deals" class="w-full aspect-[19/10] object-cover" /> Bernstein sees upside for bitcoin miners amid $90B in AI deals The investment firm slaps Outperform ratings on four miners it thinks are quietly becoming the landlords of AI infrastructure. Share Add us on Google by Editorial Team May. 19, 2026 Bitcoin miners have spent years being valued on a single metric: how much hash rate they control. Bernstein thinks that framework is outdated.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
Discussion
0 commentsMore from Crypto Briefing
