Odaily Planet Daily News: Brokerage firm Bernstein has lowered its target prices for several listed Bitcoin mining companies, including IREN, CleanSpark and Riot Platforms, because their stock prices have performed far worse than BTC so far this year. Analyst Gautam Chhugani explained that Bitcoin miners have experienced a painful correction this year, falling 20-40%, while Bitcoin has fallen 10%. Overall, the price performance of listed miners has been disappointing, with no significant gains in the fourth quarter of last year and performance so far this year being worse than Bitcoin's correction.
However, Bernstein analysts maintained their price target of $200,000 for Bitcoin by the end of the year. (The Block)