Bitcoin mining stocks present ‘compelling buying opportunity, analyst says

The recent slowdown in the cryptography market has created a main purchase opportunity for Bitcoin extraction actions, according to HC Wainwright & Co., Mike Colonnais.

In a research note to investors dated March 4, the Colonnais argued the lively withdrawal of Bitcoin (BTC) And mining actions As temporary, while maintaining a long -term upward perspective for the BTC.

Bitcoin recovery on Tuesday afternoon means that the largest market capitalization coin is down approximately 5.6% in 2025, while Bitcoin extraction shares dropped by around 25%. The colonnais attributes the sale pressure to macroeconomic problems, rather than fundamental weaknesses in the cryptography sector.

“Prices, sticky inflation, a Hawkish inflation and austerity measures that the government has by the Ministry of Government Effectiveness (DOGE) have worked together to create a risk environment for actions and cryptocurrencies,” he noted.

With these persistent macroeconomic opposite winds, the analyst believes in a “neutral to ready position” on short -term bitcoin. However, the underperformance of mining shares represents an attractive entry point for investors.

Unreasonably weak ‘assessments

Bitcoin extraction actions are negotiated with “unreasonably weak” assessments at 3.5 times 2025 returned, which is poor for “this stage of the cycle”, wrote the analyst. Although mining actions can indeed cope with additional drop pressure, the current level offers an important advantage for investors looking for leverage exposure to bitcoin before its next upward phase.

The analyst has maintained its Bitcoin 2025 price target of $ 225,000, which implies significant potential for bitcoin and mining actions.