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sbobet88888 H.C. Wainwright analyst sees upside in Bitfarms to .0 a share.He explained his constructive view in a research note on Friday.Bitfarms stock has already nearly tripled since the start of 2023.Shares of Bitfarms Ltd have already nearly tripled since the start of the year but an H.C. Wainwright analyst is convinced that rally is far from over just yet.Bitfarms stock could climb to .0On Friday, Kevin Dede reiterated his buy rating on the bitcoin miner and said its shares could climb to .0 up another 80% from here.The bullish call on Bitfarms stock arrives only hours after the company expanded operations in Argentina that increased its fleet hash to 5 EH/s.Estimates Dede has for 2023 are based on a hash rate of about 5.7 EH/s a level hes confident the miner will hit in its September quarter.This fleet expansion also came without further shareholder dilution an added prize not universally shared across the spectrum of publicly traded bitcoin miners.Bitfarms Ltd is generating cashThe H.C. Wainwright analyst remains constructive on Bitfarms Ltd also because it did not slip into negative EBITDA even in the fourth quarter when thing went haywire for the crypto space at large.Other reasons cited for the constructive view on Bitfarms stock include its gross mining margin that declined sharply (year-over-year) in 2022 but still stood at a healthy 33% nonetheless. Dede said in his research note:We understand potential upside in Argentina. With greater financial flexibility via stronger balance sheet, Bitfarms has options to consider additional business development opportunities.Expansion in Quebec, Paraguay, and Washington State will help the share price as well, he concluded.

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sbobet88888 The US Bureau of Industry and Security (BIS) added seven Chinese aerospace electronics and related entities to its Entity List on Wednesday, restricting tech exports to them from US companies. BIS stated that the entities perform activities contrary to US national security and foreign policy interests by utilizing American tech “in support of Chinas military modernization efforts. According to BISs announcement, six out of the seven entities are technically research institutions, at least by name, that focus on aerotechnics, including both hardware and software. An analyst familiar with the field told Caixin that five of the seven entities listed had experience in aerospace semiconductor development, suggesting that the US is aiming to contain Chinas development in this industry. China Aerospace Science and Technology Corporation (CASC) 9th Academy 772 Research Institute, for example, develops over 20 types of chips and 600 models used for airspace and military projects, according to Caixin. The latest addition brings the total number of Chinese entities on the list to 600, with more than 100 added since the start of the Biden administration. [Caixin, in Chinese]