Morgan Stanley Picks 2 Bitcoin Miners to Double: 158% Upside on AI Pivot
Morgan Stanley initiated coverage of Cipher Mining and TeraWulf with overweight ratings, setting $38 and $37 price targets implying 158% and 159% upside respectively. The investment firm views these bitcoin miners' pivot to AI data centers as major growth driver, with hyperscalers paying premiums for "time to power" solutions amid systematic AI compute supply shortage.
MarketWhisper·02-12 06:11
