Bitcoin News Today: Bitcoin miners shift to HPC, prompting JPMorgan to reassess values: Data centers take the lead in a new era
- JPMorgan Chase upgraded Cipher Mining and CleanSpark to Overweight, cutting targets for legacy miners as the sector shifts to high-performance computing (HPC) and cloud infrastructure. - Analysts project 1.7 gigawatts of HPC capacity by 2026, with Cipher and CleanSpark well-positioned to capitalize on the transition through 410 MW and 200 MW of critical IT contracts respectively. - Traditional miners like Marathon and Riot face lower targets due to weak bitcoin prices and rising hashrate, while HPC valua
JPMorgan Chase has revised its perspective on the
Reginald Smith and Charles Pearce from the firm
Cipher Mining's rating was moved up from Neutral to Overweight, with its price target for December 2026 increased to $18 from $12. The analysts
Conversely, JPMorgan lowered MARA's price target from $20 to $13, citing sluggish bitcoin prices, increasing network hashrate, and dilution from ATM offerings and convertible notes. The firm
The report also raised IREN's price target to $39 from $28, reflecting its $9.7 billion deal with Microsoft and integrated cloud capacity valuations. However, the firm
The market responded quickly. Cipher's stock climbed 4.59% to $14.80, while CleanSpark advanced 4.42% in pre-market trading
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Transformation of the Xerox Campus in Webster, NY: An Overlooked Prospect in the Industrial Property Market
- Webster , NY's Xerox campus redevelopment transforms a 300-acre brownfield into a high-tech industrial hub via $9.8M infrastructure upgrades and public-private partnerships. - Strategic alignment of road, sewer, and grid improvements with private projects like the $650M fairlife dairy plant creates "shovel-ready" conditions for advanced manufacturing. - Municipal coordination with NY Forward Program and Xerox's $1.8M road funding demonstrates how infrastructure investments drive 10.1% annual residential

The ChainOpera AI Token Collapse: Widespread Dangers and Investor Reactions in AI-Powered DeFi
- ChainOpera AI token (COAI) collapsed 96% in late 2025 due to governance centralization, opaque AI algorithms, and regulatory uncertainty. - Ten wallets controlled 87.9% of COAI supply, enabling panic selling during liquidity crises and eroding trust in decentralized governance. - Unaudited AI models and smart contracts caused stablecoin depegging, while regulatory ambiguity accelerated investor exits amid compliance risks. - The crash exposed systemic risks in AI-DeFi ecosystems, highlighting contagion e

BlackRock Bitcoin ETF records $114 million in net outflows amid market volatility

Bitcoin News Update: Tether's CEO Challenges S&P's Rating Cut: Innovation Faces Off Against Conventional Finance
- Tether CEO Paolo Ardoino criticized S&P's USDT downgrade, claiming the agency misunderstands its financial model and traditional finance resists innovation. - S&P cited USDT's 5.6% Bitcoin exposure (exceeding its 3.9% buffer) and insufficient reserve transparency as risks to stability, warning of undercollateralization during asset declines. - Tether defends its $181.2B reserves and zero "toxic" assets, while critics highlight a 3.7% equity cushion and potential insolvency if Bitcoin/gold drop 30%. - Chi
