Bernstein, a prominent investment research firm, has raised its targets for Bitcoin mining companies in response to the increasing interest and developments surrounding artificial intelligence (AI) infrastructure, which shows promising growth and momentum in the market. This strategic decision reflects the convergence of cryptocurrency and cutting-edge technology, signaling a potential shift in investment dynamics as the demand for AI capabilities continues to rise.
source: https://www.coindesk.com/markets/2025/11/03/bernstein-hikes-bitcoin-miner-targets-as-ai-infrastructure-play-continues-to-gain-momentum