Core Scientific’s 75% return on AI deal isn’t the template for bitcoin miners, Bernstein says

By Naga Avan-Nomayo

Core Scientific’s 75% return on AI deal isn’t the template for bitcoin miners, Bernstein says

Bernstein pegs TeraWulf at 5% and Cipher at 4% stabilized ROA, calling Core Scientific's 75% figure a capex-advantaged outlier.

Not financial advice. Do your own research before making investment decisions.

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