Bitcoin‘s (CRYPTO: BTC) still riding high – and JPMorgan thinks the miners are just getting warmed up. In a fresh note, analyst Reginald L. Smith boosted price targets on several top crypto mining stocks, pointing to higher spot BTC assumptions and improving mining profitability.
CleanSpark Inc (NASDAQ:CLSK) leads the charge with a potential 44% upside, while Riot Platforms Inc (NASDAQ:RIOT) and MARA Holdings Inc (NASDAQ:MARA) aren’t far behind, with 37% and 20% upside potential, respectively. IREN Ltd (NASDAQ:IREN) has an 18% upside potential, per Smith.