Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Canaccord Raises Iris Energy Share-Price Target to $15 on Bitcoin Mining and Computing Potential

CointimeCointime2024/07/24 09:16
By:Cointime

According to a research report by Canaccord, Iris Energy's share-price target has been raised from $12 to $15. The report highlights the company's ample power supplies and high-performance computing options, which position it to become one of the most efficient and largest publicly listed bitcoin miners. Additionally, Iris Energy can monetize the infrastructure it is building for bitcoin mining, cloud computing, and AI colocation. As the company scales its business, it has a significant advantage over other bitcoin miners due to its available power.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

‌Spot copy trading

More
AIOnline
AIOnline
insight1000/1000
11318.51%
ROI
Total profit $57724.41
HappyPlanets
HappyPlanets
insight500/500
18780.56%
ROI
Total profit $37561.09

Bot copy trading

More
TopTrader85
TopTrader85
insight150/150
$13284.03
Total profit
Total subscriber profits $137.16
GridOnly
GridOnly
insight150/150
$9015.2
Total profit
Total subscriber profits $107.17