Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'
The broker said the miner's growth isn't priced-in and initiated coverage of the miner with $9 price target.
Discussion
xoxo
HIVE Digital Technologies, a prominent player in the Bitcoin mining sector, is projected to more than double its hashrate within the next year. This optimistic forecast comes from a recent research report by Cantor, which has initiated coverage of HIVE with an 'overweight' rating and set a price target of $9 for the stock