John Melnick, an investor and commentator on Bitcoin mining stocks, has recommended three US-focused mining companies that he believes will outperform during the current Bitcoin bull run: $CLSK, $CIFR, and $IREN[1][3][4]. He cites their focus on getting the best deals in the US, having operational control, and having low energy costs as key factors that will drive their outperformance compared to miners scrambling for foreign destinations[5].
Melnick has analyzed the growth projections and 10Q filings of large miners, and he believes $IREN has the most upside potential, followed by $CIFR and $CLSK[2]. He is a proponent of public Bitcoin mining companies that prioritize operations in the US over expanding to foreign countries[5].
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19 sats \ 1 reply \ @Roll OP 1 Jul
thks for sharing
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I have small positions in 10 mining ⛏️ stocks
My two favorites are CLSK and WULF
And I am going to buy some shares of BitDeer this week
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