Benchmark

Benchmark

Mercados

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

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Mercados

Benchmark Hikes CompoSecure Price Target to $24 on Arculus Crypto Upgrade

The broker sees CMPO shares gaining from operational momentum and Arculus’s new trading features, with M&A potential still offering upside.

Abstract green wireframe bull charging forward on a striped background. (CoinDesk)

Mercados

Michael Saylor's Strategy the Architect of New Bitcoin-Backed Fixed Income Market: Benchmark

The company's bitcoin-linked perpetual preferred shares give it a lasting capital edge, analyst Mark Palmer said.

Executive Chairman of Strategy Michael Saylor

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Bakkt Shares Still Look Cheap After 170% Rally: Benchmark

The firm has opportunities in three areas: crypto infrastructure, stablecoin payments and its bitcoin treasury strategy.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Mercados

Semler Scientific Still Has Nearly 170% Upside After Strive Buyout Deal: Benchmark

Semler (SMLR) rose to just $32.06 yesterday even as the implied acquisition value was above $86, an unusually wide arbitrage spread, said analyst Mark Palmer.

(Christian Dubovan/Unsplash, modified by CoinDesk)

Mercados

Bakkt Reboots With Fresh Strategy; Initiate at Buy with $13 Price Target: Benchmark

Under the firm's new CEO Akshay Naheta, Bakkt has shed its custody arm and is selling off its legacy loyalty business, the report said.

XRP looks north. (StockSnap/Pixabay)

Mercados

Strategy’s Equity Shift Is No Retreat From Bitcoin Strategy, Benchmark Says

Analyst Mark Palmer reiterated his buy rating and $705 price target on the Michael Saylor-led company, which is more than a double from current levels.

Strategy Executive Chairman Michael Saylor (CoinDesk)

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Hut 8 Maps 'Path to Monetization' of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark

Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.

Hut 8 plant

Mercados

Bitcoin Treasury Firm Semler Scientific Still Has 3X Upside: Benchmark

Investors are giving no credit for the company's deliberate approach to adding additional bitcoin, said analyst Mark Palmer.

Trading screens (TheDigitalArtist/Pixabay)

Mercados

Coinbase's Weak Q2 Is a Blip, Not a Breakdown, Says Benchmark

Weakness in Coinbase stock is a buying opportunity, according to the broker.

Coinbase app on a mobile phone screen.