"Maximize Your Bitcoin Investments: Insights on the Halving from Industry Experts"

Bernstein recommends buying bitcoin miners Riot Platforms and CleanSpark ahead of the halving, predicting a bullish trajectory for bitcoin after the event and maintaining a forecast of $150,000 by 2025. The broker believes that the market will reward these companies for their superior execution and leadership in self-mining hashrate, despite concerns over profitability following the halving. Bernstein expects bitcoin's bullish trajectory to resume once mining hashrates adjust to lower rewards and ETF inflows pick up, with the rollout of spot bitcoin ETFs by wirehouses and registered investment advisors continuing to provide structural demand for bitcoin.