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Siebert Reaffirms $40 Target for American Bitcoin on Hashrate Growth
The firm maintained its Buy rating, citing mining economics and room to double hashrate in about 12 to 24 months.
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Siebert reaffirmed its Buy rating and $40 price target for American Bitcoin, citing mining economics and the company’s potential to double its hashrate in about 12 to 24 months.
American Bitcoin is a Trump family-backed Bitcoin (BTC) mining company.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.