“With a new bitcoin bull cycle, strong ETF inflows, aggressive miner capacity expansion, and all-time high miner dollar revenues, we continue to find bitcoin miners compelling buys for equity investors seeking exposure to the crypto cycle,” wrote analysts Gautam Chhugani and Mahika Sapra.
![Bitcoin Year-End Price Target Raised to K at Bernstein Bitcoin Year-End Price Target Raised to K at Bernstein](https://www.coindesk.com/resizer/r-H1fOjGknpH1nQ5-QGJbAqfhQI=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LODRCWBBCFCEXFAUQGKNNMMS5I.jpg)