Miner Stocks Jump After J.P. Morgan Boosts Price Targets

[madtrader]

Despite worsening mining economics, shares of top public miners surged Monday after J.P. Morgan raised price targets for CleanSpark, Cipher Mining, and IREN. The bank cited accelerating demand for long-term cloud and HPC deals, including IREN’s new $9.7 billion GPU partnership with Microsoft. Cipher’s 45% stock pullback was labeled an “attractive entry point.” Miner stocks rallied alongside a modest Bitcoin rebound, with BTC climbing back to around $89,000.

[Nahid Hossen]

One upgrade from JP Morgan and the whole sector wakes up.

[The_Walking_Dead]

JP Morgan just flipped the switch on the whole market.

[Revenant]

Miners needed that boost — perfect timing.

[Capybara_Capybara]

Cloud + GPUs = future of mining confirmed.

[Abdul Khan]

Hashrate climbing while profits drop—classic miner pain.