UBS Initiates Buy Ratings On Three Bitcoin Miners Pivoting To AI Data Centers
The bank started coverage of Hut 8, Terawulf and Applied Digital with buy ratings, citing data center and leasing growth rather than mining economics.
UBS opened coverage on Hut 8, Terawulf and Applied Digital with buy ratings, betting their shift from bitcoin mining toward AI data center capacity will drive growth.
BREAKING STORYBULLISH