Bernstein

Bernstein

Policy

Bernstein Says U.S. Crypto Framework Positions Nation as Global Leader

With new laws defining market structure and stablecoin oversight, the broker said America’s digital asset industry has entered its most mature phase yet.

Capitol building.

Markets

Wall Street's Biggest IREN Bull Hiked Price Target to $142 After $9.7B Microsoft AI Deal

The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from Bernstein, which lifted to $125.

Bitcoin miners (Shutterstock)

Markets

Bernstein Hikes Bitcoin Miner Targets as AI Infrastructure Play Continues to Gain Momentum

Wall Street broker Bernstein said bitcoin miners are fast becoming an essential part of the AI value chain.

Racks of mining machines.

Markets

Bernstein Sees 75% Upside for Ether Treasury Firm SharpLink, Initiates at Outperform

The Wall Street broker said SharpLink is a compliant, institutional gateway to Ethereum, and gave the stock a $24 price target, offering 75% potential upside.

Ethereum Logo

Markets

Circle Can Withstand Rate Cuts as Stablecoin Demand Grows: Bernstein

The broker said lower interest rates could squeeze Circle’s revenue, but rising USDC adoption and operating leverage should keep profits on track.

(Sandali Handagama/ CoinDesk)

Markets

Bitcoin Miners Emerge as Key AI Infrastructure Partners Amid Power Crunch: Bernstein

Miners’ secured grid capacity and high-density sites offer hyperscalers a faster, cheaper path to expand AI data centers as interconnection delays mount.

Racks of mining machines.

Markets

Figure Is a Blockchain Pioneer in Credit Markets, Says Bernstein, Initiating at Outperform

The broker's $54 price target suggests 35% upside from Friday's $40 close.

Stylized network of light focii covering Earth (geralt/Pixabay)

Markets

Bitcoin Miner IREN Has 80% Potential Upside Thanks to Big Bet on AI Cloud: Bernstein

The broker hiked its IREN price target to $75 from $20 while reiterating its outperform rating on the stock.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

Circle's USDC Market Share 'On a Tear,' Says Wall Street Broker Bernstein

USDC supply has surged to $72.5 billion, 25% ahead of Bernstein’s 2025 estimates.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Markets

Wall Street Sees U.S. Entry as Catalyst for Bullish’s Next Leg Up

The crypto exchange received two buys, one market-perform, and one neutral rating from Wall Street analysts.

Crypto platform Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)