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Bitcoin Miner CEOs Are Upbeat Ahead of the Halving, Expect M&A: Bernstein

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Will Canny is CoinDesk's finance reporter.

The CEOs of these companies remain upbeat ahead of the halving citing stronger balance sheets, the report said.miners may have underperformed the cryptocurrency this year, but their CEOs remain upbeat as the reward halving approaches, broker Bernstein said in a research report on Monday.

The broker interviewed the CEOs of Riot Platforms , CleanSpark , Marathon Digital , Cipher Mining and Hut 8 . The companies are in a relatively comfortable financial position this cycle and so are better prepared to withstand the impact of the halving, Bernstein said.

 

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