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News  ›  Benzinga

Analyst Says Bitcoin Mining Revenue And EBITDA Could Rise

Benzinga Logo Benzinga By Lekha Gupta
Analyst Says Bitcoin Mining Revenue And EBITDA Could Rise

JP Morgan analyst Reginald L. Smith predicts potential revenue and EBITDA growth for bitcoin mining companies, highlighting varying levels of high-performance computing (HPC) capacity conversion across different firms.

Insights
NVDA   neutral

Highlighted as critical to AI infrastructure buildout, but potential supply chain risks noted


RIOT   positive

Analyst suggests most upside potential, with market pricing in only ~40% of approved 1.8 GW power capacity