'The power landlords of AI': Bernstein initiates coverage on bitcoin miners TeraWulf and Cipher Digital, sees ninefold AI revenue by 2030

BTC

BTC/USDT

$84,766.95

+1.44%

$84,766.95

+1.44%

(24s)

24h Volume

$18,852,818,132.71

24h H/L

$84,942.45 / $83,346.66

Change: $1,595.79 (1.91%)

Long/Short

56.7%

Long: 56.7%Short: 43.3%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,562.97

▲ 0.18%

Volume (24h): -

Resistance Levels

Resistance 3$99,648.20

Resistance 2$94,549.91

Resistance 1$85,369.74

Price$84,562.97

Support 1$84,364.01

Support 2$81,128.61

Support 3$77,001.87

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):65.8

The Block Editorial

(11:51 AM UTC)

1 min read

Updated byDavid Kim

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Bernstein has initiated coverage of TeraWulf (WULF) and Cipher Digital (CIFR) with Outperform ratings, setting price targets of $36 and $32, respectively, framing both Bitcoin (BTC) miners as emerging AI infrastructure platforms with a power advantage that new data center entrants cannot replicate.

Analysts from the research and brokerage firm, led by Gautam Chhugani, dubbed them "the power…