Benchmark
Market structure bill delay seen capping U.S. crypto valuations, Benchmark says
Failure to pass market structure legislation this year wouldn’t derail U.S. crypto, but it would prolong regulatory ambiguity, favoring bitcoin and infrastructure.
Crypto bill delay 'may ultimately be constructive' for final product, Benchmark says
Delayed markups could give Congress time to resolve issues that may determine how, and whether, institutions fully enter U.S. crypto markets, broker Benchmark said.
Wall Street broker Benchmark says this could be a pivotal week for digital assets
Senate action on market structure legislation could end years of regulatory uncertainty, unlock institutional liquidity and re-rate crypto-linked stocks.
Hut 8’s AI data center deal is bigger than meets the eye: Benchmark lifts price target to $85
Shares of the bitcoin miner jumped higher last week on its $7 billion pact with Google-backed Fluidstack.
Strategy Still the Premier Bitcoin Proxy, Benchmark Says, Rejecting ‘Doom’ Narrative
The broker said fears over Strategy’s solvency are misplaced and the stock remains the strongest asymmetric bet on bitcoin.
Exodus’ W3C Deal Adds Stability as Firm Builds Full Payments Stack: Benchmark
The acquisition pushes the crypto-wallet maker toward a more fintech-style business model.
Hut 8’s Tuesday Tumble Misguided and a Buying Opportunity: Benchmark
Investors overreacted to the absence of a hyperscaler deal announcement, overlooking Hut 8’s long-term potential in AI, energy, and bitcoin infrastructure.
Benchmark Sees Hut 8 as Hybrid AI–Bitcoin Power Play, Price Target Doubled to $78
The Wall Street broker said Hut 8’s shift to energy infrastructure from bitcoin mining makes it a unique bet on AI, HPC and future power-hungry technologies.
Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4
With Nasdaq compliance restored and momentum building in its Avalon mining rigs and self-mining operations, the broker sees renewed upside for Canaan’s shares.
Bitcoin Miner Bitdeer's AI Pivot Earns Price Target Hike at Benchmark
The company's move to bring data center development in-house strengthens its AI and mining strategy, and accelerates monetization, said analyst Mark Palmer
