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Global X Blockchain ETF
As of May 30, 2026 at 08:32 UTC
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About Global X Blockchain ETF
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Latest News
5 articlesRoth MKM analyst Darren Aftahi initiated coverage on TeraWulf Inc. (NASDAQ:WULF) with a Buy rating and price target of $6.50. The analyst stated that they view the company as a compelling investment opportunity in the expanding digital infrastructure energy sector. WULF has established a transparent, cost-effective, and efficient BTC mining business, currently operating at 8 EH/s and expanding, wrote the analyst. Aftahi anticipates that leveraging its substantial power ...Full story available on Benzinga.com
B. Riley Securities analyst Lucas Pipes maintained Marathon Digital Holdings Inc (NASDAQ:MARA) with a Neutral and lowered the price target from $19 to $18. Marathon Digital Holdings reported a first-quarter miss after excluding gains on digital assets and other non-recurring items. Adjusted EBITDA, excluding these items, came in at $51.1 million on Pipes’ estimates below his prior estimate of $83.5 million and consensus of $77.1 million. The company underperformed on elevated power and operating costs compared to Pipes’ estimates, while revenue was also lower than he had anticipated. So long as fully loaded production costs are above BTC prices, Pipes noted that the equity will likely continue to underperform its BTC benchmark, especially when investors have the alternative of holding liquid ETFs. He updated his estimates for the second quarter and 2024 adjusted EBITDA from $83.5 million to $68.0 million ...Full story available on Benzinga.com