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Interest From Institutional Investors in Bitcoin and Crypto Mining Stocks is Growing, Analyst Says
Summary: Interest from institutional investors in bitcoin and crypto mining stocks is growing, although most of these investors are still relatively new to the sector and have reservations about the valuation of mining stocks, Wall Street firm D.A. Davidson’s analyst wrote on Monday. Analyst Christopher Brendler, who recently initiated research coverage of the crypto miners with ...
Interest from institutional investors in bitcoin and crypto mining stocks is growing, although most of these investors are still relatively new to the sector and have reservations about the valuation of mining stocks, Wall Street firm D.A. Davidson’s analyst wrote on Monday.
Analyst Christopher Brendler, who recently initiated research coverage of the crypto miners with a positive outlook, said he estimates that about 15% of the Wall Street brokers that cover the payments sector are taking bitcoin seriously now, up from about 5% at the start of this year.
By Amy Liu
Tags: Bitcoin,Christopher Brendler,Crypto Mining,Stocks
Link: Interest From Institutional Investors in Bitcoin and Crypto Mining Stocks is Growing, Analyst Says [Copy]
