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Jefferies Bullish on Core Scientific: Valuation Gap Spots 300% Upside to $22 PT

Jefferies Bullish on Core Scientific: Valuation Gap Spots 300% Upside to $22 PT

Author:
Coindesk
Published:
2025-08-18 14:47:39
20
3

Core Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies

Wall Street wakes up to a crypto miner trading at fire-sale prices—while Bitcoin flirts with all-time highs.

Jefferies just slapped a $22 price target on Core Scientific, calling today's share price "a disconnect" from its Bitcoin leverage and infrastructure moat. That’s a triple from current levels.

Funny how analysts rediscover blockchain plays *after* the halving. Where was this PT when hash rates were in the gutter?

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