Bernstein gives crypto mining companies Iris Energy and Core Scientific outperform ratings

Odaily News Bitcoin (BTC) miners are attractive partners to help build artificial intelligence (AI) data centers due to their available power and operational capabilities, brokerage Bernstein Research said in a report. As a result, the report gave mining stock Iris Energy (IREN) an outperform rating and a target price of $26. The brokerage also first reported Core Scientific, with an outperform rating and a target price of $17. In early trading on Tuesday, Iris Energy shares were $13.40 and Core Scientific shares were $9.79. (CoinDesk)