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    $Sirius XM(SIRI.US)$ another report released today, Seaport Global also reiterated a Buy rating on the stock with a $4.00 price target.
    See the top stocks recommended by analysts >>
    $Riot Platforms(RIOT.US)$ Jason Les of Riot Platforms also said, “I had an excellent discussion with former President Trump about Bitcoin and America's energy advantages.
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    $Riot Platforms(RIOT.US)$ FOR RIOT (NASDAQ STOCK CODE: RIOT),We note that the bearish option cross is precisely bullish and will be inExpires on 19 July 2024 in 42 days. This transaction transferred 500 contracts at an exercise price of $10.00. This special bearish option needs to be divided into 4 different trades to be traded. The total cost to the author (or multiple parties) is $5.2 million, and the price per contract is $110.0. Prior to today, this strike had a total of 3778 outstanding contracts, and 725 contracts were bought and sold today.
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    $Riot Platforms(RIOT.US)$ Riot also continues to invest in increasing its self-mining hash rate capacity. For example, the company currently has 11.7 EH/s mining capacity deployed. But with its new 400 MW Corsicana facility in service, Riot aims to reach 31 EH/s by the end of 2024. Additionally, once the Corsicana facility is fully built, Riot anticipates a capacity of over 40 EH/s.
    Additionally, Riot recently proposed to buy rival Bitcoin miner Bitfarms (NASDAQ: BITF) for $950 million. If the deal goes smoothly, the acquisition will create the world's largest publicly traded Bitcoin mining company.
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    $Riot Platforms(RIOT.US)$ According to the data, since the launch on January 11, as of Thursday, a dozen such products had a total net subscription of 15.6 billion US dollars, with total assets of 62.3 billion US dollars.
    Following reports showing a sharp increase in US employment in May and an unexpected rise in the unemployment rate, showing that the labor market was happy and worried, Bitcoin took back its gains. As of 8:36 a.m. New York time, Bitcoin was reported at around $70,925, while Ether was basically flat at $3,785.
    Many speculators in the options market expect Bitcoin prices to surpass the all-time high of $73,798 set in March this month, thanks to ETF demand and expectations of interest rate cuts from the Federal Reserve.
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    $Riot Platforms(RIOT.US)$ Michael Novogratz, founder of Galaxy Digital and billionaire cryptocurrency investor, said a few days ago that as the US political environment becomes more positive for digital assets, it may push Bitcoin to a record level of 100,000 US dollars or even higher by the end of this year.
    In an interview, he said, “If the price of Bitcoin rises to $73,000 in the next week or so, then it will rise to $100,000 or more by the end of this year.” After rising to an all-time high of $7,3798 in March of this year, Bitcoin has yet to return to this level.
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    $Bitfarms(BITF.US)$ H.C. Wainwright analyst Mike Colonnese first gives$ BitFarms (BITF.US) $Buy a rating with a target price of $4.
    According to TipRanks data, the analyst has a total win rate of 57.1% in the past year, with a total average return of 55.0%.
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    $Bitfarms(BITF.US)$ With the approval of spot Bitcoin ETFs, the cryptocurrency industry quickly became mainstream. BlackRock's IBIT Bitcoin ETF has also become the world's largest Bitcoin fund, with total assets under management close to $20 billion. Financial giants are beginning to tokenize assets, and McDermott believes this trend is growing due to its “digital lifecycle” advantage.
    When asked if cryptocurrencies will replace traditional banks, McDermott said that financial institutions such as Goldman Sachs view cryptocurrencies and blockchain technology as tools to improve efficiency and change the financial world.
    McDermott's optimistic remarks came after Wall Street's massive investment in US spot Bitcoin ETFs, which showed Wall Street's growing acceptance of cryptocurrencies. Traditional financial giants that were once skeptical now have a warm welcome for Bitcoin ETFs, as well as amazing market demand, have changed the way many people think.
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    $Bitfarms(BITF.US)$ Eric added that the flexibility of Bitcoin's digital architecture makes it more popular than gold, and the market value of gold is about 10 times that of Bitcoin. Considering the value gap between gold and bitcoin, we believe that as bitcoin becomes more and more recognized as digital gold, it has the potential to generate excessive returns.
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