比特幣（BTC）下跌$ 80K，股份（硬幣）下跌了30％

從280美元起到217美元，並保持了股票的中性評級。該公司表示，自2月20日上一次模型更新以來

The price of bitcoin has fallen from $98,000 to $79,000 since Mizuho’s last model update on February 20, and Coinbase shares are down 30%.

自從瑞穗（Mizuho）於2月20日上一次模型更新以來，比特幣的價格從98,000美元下跌至79,000美元，Coinbase股票下跌了30％。

While some multiple compression is warranted due to lower multiples across technology, the move in Coinbase shares is overdone, the analyst said. Mizuho believes the stock should trade closer to $217.

分析師說，儘管由於整個技術的倍數較低，因此有必要進行一些多重壓縮，但共同股份中的遷移過高了。瑞穗認為該股票應接近217美元。

Although it sees some upside potential from here, Mizuho remains Neutral given the longer-term risk of pricing pressure from increased competition across the crypto trading space.

儘管從這裡看到一些上漲的潛力，但鑑於在加密貨幣交易領域增加競爭的長期定價壓力的長期風險，瑞穗仍然保持中立。

Mizoh also slashed its price target on Bit Digital (NASDAQ:BTBT) to $10 from $15 and kept an Overweight rating on the shares as well as on Cipher (NASDAQ:CIFR) price target to Neutral from Overweight without a price point.

Mizoh還將其位於BIT Digital（NASDAQ：BTBT）的價格目標從15美元降至10美元，並將股票以及Cipher（NASDAQ：CIFR）的股票評級超重，從超重而沒有價格點。

JPMorgan also updated bitcoin miner price targets and models to reflect the Q4 results and changes in bitcoin price and the network hash rate. The firm now sees less upside potential relative to peers for Cipher Mining shares.

摩根大通還更新了比特幣礦工價格目標和型號，以反映第四季度的結果以及比特幣價格的變化和網絡哈希速率。該公司現在認為相對於密碼開採股票的同行，潛在的潛力較小。

Cipher could sign a high performance compute deal at its Barber Lake site, which could drive upside, but deals can take up to nine months to negotiate and finalize, the analyst said.

分析師說，Cipher可能會在其理髮湖遺址簽署高性能計算協議，該交易可能會上升空間，但交易最多可能需要9個月才能進行談判和最終確定。

Moreover, JPMorgan downgraded macroeconomic models and reduced earnings multiple coverage on the U.S. and Europe to reflect the current environment.

此外，摩根大通降低了宏觀經濟模型，並降低了在美國和歐洲的多重覆蓋範圍，以反映當前的環境。

The firm downgraded several other bitcoin miners. It downgraded MagLev to Neutral from Overweight and lowered the price target to $18 from $23.

該公司降級了其他幾個比特幣礦工。它將Maglev從超重降低到中立，並將目標目標從23美元降低到18美元。

It also downgraded CleanSpark (NASDAQ:CLSK) to Overweight from Overweight and lowered the price target to $12 from $17 and Riot Platforms (NASDAQ:RIOT) to Overweight from Overweight and lowered the price target to $13 from $16.

它還將CleanSpark（NASDAQ：CLSK）降低到超重，將目標目標從17美元和Riot Platforms（NASDAQ：RIOT）降低到12美元，從增持額超重，將目標目標從16美元降低到13美元。

Furthermore, JPMorgan upgraded IREN (NYSE:IREN) to Overweight from Neutral with a price target of $12, down from $15.

此外，摩根大通（JPMorgan）將Iren（紐約證券交易所：Iren）升級為超重，價格目標是12美元，低於15美元。

JPMorgan named IREN its top pick citing the company’s “strong” mining operations and high performance computing “optionality.” The shares have “been overly punished” year-to-date, and offer 70% upside at current levels, which could prove conservative if IREN announces an HPC deal with a name-brand tenant, the analyst said.

摩根大通（JPMORGAN）以其“強大的”採礦業務和高性能計算“期權性”為名。分析師說，如果Iren宣布與名稱品牌租戶達成HPC交易，則股票“過於懲罰”，並在目前的水平上提供70％的上漲空間，這可能是保守的。

Finally, Cantor Fitzgerald downgraded Hive (NYSE:HIVE) price target to $8 from $11 and kept an Overweight rating on the shares.

最終，坎托·菲茨杰拉德（Cantor Fitzgerald）將Hive（NYSE：HIVE）的價格目標從11美元降至8美元，並將股票評級增長。

Hive said it mined 89 bitcoin during the month of February, or 3.1 bitcoin per day, a decrease from 102 bitcoin mined in January, and its share of the overall bitcoin network decreased to 0.69% from 0.73% on a peak hash rate basis, the analyst said.

分析師表示，Hive表示，它在2月份開采了89個比特幣，即每天3.1個比特幣，比一月份開采的102個比特幣降低，總比特幣網絡的份額從峰值哈希速率基礎上的0.73％降至0.69％。

Cantor continues to believe that current levels represent an attractive risk/reward, as the firm is confident in Hive’s ability to execute on its bitcoin mining and AI Cloud targets, which will represent 300% hash rate growth and $100M in annualized run-rate revenue in 2025, respectively.

Cantor繼續相信目前的水平代表了有吸引力的風險/回報，因為該公司對Hive在比特幣採礦和AI Cloud目標方面的執行能力有信心，這將代表2025年分別代表300％的哈希速率增長和1億美元的年度運行率收入。

Publicly traded companies in the space include Bit Digital, Coinbase (NASDAQ:COIN), Core Scientific (NASDAQ:CORZ), Greenidge Generation (NYSE:GREE), Mara Holdings (NYSE:MARA), MicroStrategy (NASDAQ:MSTR), Riot Platforms, Stronghold Digital Mining (NASDAQ:SDIG) and TeraWulf (NASDAQ:WULF).

Publicly traded companies in the space include Bit Digital, Coinbase (NASDAQ:COIN), Core Scientific (NASDAQ:CORZ), Greenidge Generation (NYSE:GREE), Mara Holdings (NYSE:MARA), MicroStrategy (NASDAQ:MSTR), Riot Platforms, Stronghold Digital Mining (NASDAQ:SDIG) and TeraWulf （NASDAQ：WULF）。

As of time of writing, bitcoin dropped about 6% this week to $83,160 in U.S. dollars, according to CoinDesk.

根據Coindesk的數據，截至寫作時間，比特幣本週下跌了約6％至83,160美元。