Major Bank Ratings | Morgan Stanley: AI Data Center Transformation Opens Upside Potential for Crypto Miners, Rates Hut 8 and Riot Platforms as "Overweight"
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Glonghui, July 24—Morgan Stanley has initiated coverage of several Bitcoin miners that have transitioned into AI infrastructure providers, noting that companies owning large-scale grid-connected power assets will be well-positioned amid the surging demand for AI data centers. Morgan Stanley has named a particular exchange as its top pick with a target price of $263, another exchange with a target price of $36, both rated as "Overweight." Another exchange received a "Neutral" rating with a target price of $36.5.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
UBS trims LPKF stake to 3.14% from 3.39%
Bitget•2026/09/28 07:45
Valterra Platinum’s Faul joins Cornish Metals board as non-executive director
Bitget•2026/09/28 07:45
Autodesk Expands AI Partnership With Arcadis
MT newswire•2026/09/28 07:38
Rig Tenders releases 2026 Annual and Sustainability Report
Bitget•2026/09/28 07:28
Crypto prices
MoreBitcoin
BTC
$82,912.75
-1.98%
Ethereum
ETH
$2,643.1
-2.52%
Tether USDt
USDT
$0.9995
-0.03%
BNB
BNB
$760.85
-2.05%
XRP
XRP
$1.47
-3.74%
USDC
USDC
$0.9999
-0.00%
Solana
SOL
$118.2
-3.29%
TRON
TRX
$0.3334
+0.01%
Zcash
ZEC
$1,545.81
-6.98%
Hyperliquid
HYPE
$88.88
-4.47%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now