Mining Company CEOs Optimistic Ahead of Bitcoin Halving Despite Recent Stock Underperformance

Mining stocks have underperformed bitcoin this year.

The CEOs of these companies remain upbeat ahead of the halving citing stronger balance sheets, the report said.

Some CEOs noted the potential for consolidation in the sector, Bernstein said.

Miners are in a better financial position this cycle to withstand the halving impact.

Some CEOs predict the sector will consolidate down to 4 leading miners - RIOT, MARA, CLSK and CIFR.