Bitcoin
Siebert Reaffirms $40 Target for American Bitcoin on Hashrate Growth
TokenPost·October 6, 2026·1 min read
Siebert reaffirmed a $40 price target for American Bitcoin with a Buy rating, citing strong mining economics and the potential to double hashrate within 12 to 24 months. The firm's outlook is based on expected growth in mining capacity and favorable market conditions for Bitcoin miners.
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