Bernstein Research Advises to Buy the Dips in Bitcoin Mining Companies

Bernstein notes that the underperformance in Bitcoin mining stocks could provide an accumulation opportunity for long-term investors. Bitcoin mining stocks have experienced recent underperformance, attributed to two key challenges following the approval of spot Bitcoin exchange-traded funds (ETFs), according to a research report by Bernstein. The first hurdle is “lower investor appetite to use them…

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