Analysts at Bernstein have reiterated their $200,000 Bitcoin price forecast for the end of 2025, describing it as “conservative.”
He suggested that investors interested in gold might find Bitcoin even more attractive.
For those hesitant to invest directly, Chhugani recommended shares of MicroStrategy, which has significant Bitcoin holdings, and Robinhood, which is enhancing its crypto services.
He also highlighted U.S.-listed firms like Riot Platforms and CleanSpark for their power resources for Bitcoin mining and AI companies like Core Scientific, which leverage energy for both AI hosting and Bitcoin mining.
The analysts also noted Core Scientific’s undervaluation after a $2 billion hosting extension with CoreWeave, which boosted its capacity significantly. They have given the company an “outperform” rating with a price target of $17, as its stock has risen by 147% this year.
Chhugani holds long positions in various cryptocurrencies, while Bernstein may receive benefits from its investment banking relationships with MicroStrategy and acts as a market maker in Riot Platforms’ debt securities.
Swan, a Bitcoin-focused financial firm, has issued a striking market update suggesting that the current BTC cycle isn’t just another repeat of the past—it might be the last of its kind.
Ross Ulbricht, founder of the infamous Silk Road marketplace, is back in the headlines after receiving a mysterious transfer of 300 BTC—valued at roughly $31 million.
Bitcoin could be heading for a notable dip if it fails to stay above a key price zone, according to market watcher DonAlt.
A new report from Cane Island reveals a startling truth about Bitcoin’s supply: by late 2025, over 7 million BTC could be permanently lost—more than one-third of all coins ever mined.