📰 Crypto Market Highlights Delivery
1. Goldman Sachs is bullish on MiniMax; model cost-effectiveness becomes a key focus
Goldman Sachs has latest maintained a “Buy” rating for MiniMax Group, with a target price of HKD 860. Institutional commentary suggests that MiniMax M3, at a price level similar to the previous generation, achieves upgraded training and inference architectures. Its inference efficiency improves by more than 2x, which basically offsets the cost pressure caused by the expansion in parameter scale. Meanwhile, recent moves by industry competitors to introduce time-based pricing result in higher peak-hour call prices, further reinforcing market attention on high-value-for-money large models. With the release of larger M3-series versions and the H3 video model, enthusiasm for the AI sector may continue to be boosted.
2. Bitdeer continues its zero-position strategy, selling all mining output within the week
The Nasdaq-listed miner Bitdeer’s latest disclosure shows that its Bitcoin mining output for the week was 223.1 BTC, but the company sold it all during the same period. As a result, its net新增 position is 0, and it continues to maintain a zero Bitcoin position. This move indicates that the company currently prioritizes cash-flow management and operational stability rather than betting on future price appreciation by holding coins. Against the backdrop of miners generally facing tests from costs, equipment, and market volatility, Bitdeer’s strategy of selling everything also reflects some mining companies’ emphasis on short-term liquidity and risk control.
#BTC #AI #Mining
1. Goldman Sachs is bullish on MiniMax; model cost-effectiveness becomes a key focus
Goldman Sachs has latest maintained a “Buy” rating for MiniMax Group, with a target price of HKD 860. Institutional commentary suggests that MiniMax M3, at a price level similar to the previous generation, achieves upgraded training and inference architectures. Its inference efficiency improves by more than 2x, which basically offsets the cost pressure caused by the expansion in parameter scale. Meanwhile, recent moves by industry competitors to introduce time-based pricing result in higher peak-hour call prices, further reinforcing market attention on high-value-for-money large models. With the release of larger M3-series versions and the H3 video model, enthusiasm for the AI sector may continue to be boosted.
2. Bitdeer continues its zero-position strategy, selling all mining output within the week
The Nasdaq-listed miner Bitdeer’s latest disclosure shows that its Bitcoin mining output for the week was 223.1 BTC, but the company sold it all during the same period. As a result, its net新增 position is 0, and it continues to maintain a zero Bitcoin position. This move indicates that the company currently prioritizes cash-flow management and operational stability rather than betting on future price appreciation by holding coins. Against the backdrop of miners generally facing tests from costs, equipment, and market volatility, Bitdeer’s strategy of selling everything also reflects some mining companies’ emphasis on short-term liquidity and risk control.
#BTC #AI #Mining