Matrixport: Bitcoin mining company stocks have 52% upside potential

According to a report by Matrixport, a cryptocurrency service provider, the poor performance of listed digital asset companies could mean significant investment opportunities in the Bitcoin mining sector. The report states that if Bitcoin reaches a new historical high of $70,000, investors would only see a return of 167%. Investors can gain greater returns by purchasing a diversified investment portfolio of publicly listed Bitcoin mining companies, including HIVE Digital (HIVE), Bitfarms (BITF), and Iris Energy (IREN), among others. The report states that these stocks are currently trading at a 33% discount based on Bitcoin's current price and have a 52% potential for growth.

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