“With locked-in long-term contracts amid persistently high hosting demand as well as significantly lower equity capital needs, we think APLD is poised to revalue significantly,” said DA Davidson’s Brendler, who reiterated his buy rating on Applied’s stock.
Related posts
-
Japanese Regulator Issues Warning to Unregistered Crypto Platform Lbank Exchange
The Financial Services Agency (FSA) of Japan issued a warning to Lbank Exchange, an overseas cryptocurrency... -
Crypto liquidations rally 78% with ETH leading the charts
Cryptocurrency liquidations have seen a sudden increase over the past day. Ethereum (ETH) is still leading... -
Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only
Regulation through enforcement often yields suboptimal outcomes for all...