Bernstein Report: Advises investors to buy high-performing crypto mining stocks before BTC halving
ChainCatcher news, according to CoinDesk, research firm Bernstein stated in a report on Wednesday that the "miner fear factor" is at its peak ahead of the upcoming halving, recommending investors to buy shares of well-performing crypto mining companies Riot Platforms (RIOT) and CleanSpark (CLSK).Bernstein pointed out that year-to-date, crypto mining stocks continue to lag behind Bitcoin, as the halving has raised concerns about profitability once the rewards are cut by 50%.Analysts Gautam Chhugani and Mahika Sapra wrote, "Historically, Bitcoin price breakthroughs always occur after halving events, sometimes months after the halving, once mining hash rates adjust to lower reward levels, and ETF inflows resume, Bitcoin's bullish trajectory will recover post-halving."