BTCC
/
BTCC Square
/
CoindeskEN
/
Jefferies Sees 50%+ Upside in Core Scientific—PT Soars to $22 Amid Valuation ’Disconnect’
Jefferies Sees 50%+ Upside in Core Scientific—PT Soars to $22 Amid Valuation ’Disconnect’
4
1
Wall Street wakes up to a crypto miner bargain? Jefferies just slapped a $22 price target on Core Scientific—calling current valuations 'disconnected from reality.'
Here's why the smart money's betting big:
• Bitcoin's hash rate surge favors scaled operators
• Power-cost advantages going nuclear
• Institutions finally grasping proof-of-work economics
Meanwhile, legacy finance analysts still can't decide if mining rigs are 'tech assets' or 'glorified space heaters.' Some things never change.
By:
