Jefferies
Mining Profitability Climbed Over 5% in June as Hashrate Fell, BTC Price Rose: Jefferies
The macro and regulatory backdrop has intensified investor interest in the sector and provided a fresh tailwind for mining firms, the report said.
Galaxy Positioned to Capture Favorable Regulatory Upside, Jefferies Says as It Initiates With Buy
Jefferies assigned Galaxy (GLXY) a buy rating and a $35 price target
Core Scientific, Bitcoin Miners Tumble on CoreWeave Buyout; Jefferies Says Price in Expected Range
The deal aligns with CoreWeave's post-IPO growth strategy, leveraging its strong equity position to drive large-scale M&A, according to the investment bank.
Bitcoin Mining Profitability Increased by Almost 20% in May, Jefferies Says
The rise in profitability was driven by a 20% increase in the bitcoin price, while the hashrate rose only 3.5%, the report said.
Bitcoin Mining Profitability Fell in April as Network Hashrate Rose: Jefferies
U.S.-listed miners also produced fewer bitcoin last month than in March.
From Early Michael Saylor Bet to Billions in Deals: How Jefferies Became a Crypto Powerhouse
The firm has advised on 120 transactions with over $150 billion of deal value across fintech, market structure, and exchanges since 2015.
Bitcoin Mining Profitability Down 7.4% in March as Prices, Transaction Fees Fell: Jefferies
Mining profitability worsened due to a 11.2% decline in the bitcoin price and a 9.1% slump in transaction fees, the report said.
U.S.-Listed Bitcoin Miners Accounted for 25% of Global Network in December: Jefferies
Mining profitability increased last month as the rally in bitcoin outpaced the increase in the network hashrate, the report said.
Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says
November was a strong month for the miners as the rally in bitcoin outpaced the rise in the network hashrate, the report said.
BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
