Bernstein is bullish on these two less-known Bitcoin mining stocks

Go back to Bernstein is bullish on these two less-known Bitcoin mining stocks

 Block’s New Bitcoin Mining Chip to Be Part of an Ongoing Project With Core Scientific to Decentralize Mining Hardware 

July 10, 2024 8:10 AM EDT

Bitcoin mining leader Core Scientific becomes the first to procure Blocks new ASIC technology for large-scale mining operations, built by the Proto team which leads the mining initiative and the self-custody wallet, Bitkey. Joint project further underscores Protos commitment to fostering innovation and decentralization in the bitcoin mining ecosystem.

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS... More

Core Scientific Announces Mandatory Conversion of Outstanding Secured Convertible Notes

July 8, 2024 10:06 AM EDT

Strong Business Momentum and Share Trading Performance Trigger Conversion of Outstanding Convertible Notes, Completing the Elimination of $260 Million of Debt from Balance Sheet

AUSTIN, Texas--(BUSINESS WIRE)-- Core Scientific, Inc. (NASDAQ: CORZ) (Core Scientific or the Company), one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services... More