Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight' The broker said the miner's growth isn't priced-in and initiated coverage of the miner with $9 price target. https://image.nostr.build/3054af1efca11028cc80f72c88a1e4e115ceac42abf7be14ec3e6668a39eb68c.jpg
HIVE Digital Technologies, a prominent player in the Bitcoin mining sector, is projected to more than double its hashrate within the next year. This optimistic forecast comes from a recent research report by Cantor, which has initiated coverage of HIVE with an 'overweight' rating and set a price target of $9 for the stock https://www.coindesk.com/markets/2024/10/29/bitcoin-miner-hive-digital-poised-to-double-its-hashrate-by-next-year-initiate-at-overweight-cantor/