Wall Street analysts from Benchmark, TD Cowen, and Mizuho have reaffirmed buy ratings on crypto-related companies Bitdeer, DeFi Technologies, Strive, and Gemini. These firms are recognized for their transition into AI infrastructure and capital markets tools, with valuations reflecting trading business multiples. Benchmark set a $27 price target for Bitdeer, citing its 3.0 GW global power asset portfolio and significant growth in AI cloud business revenue, which surged from $10 million to $69 million between January and April. TD Cowen increased Strive's price target to $30, projecting a Bitcoin yield of 26.1% by 2026. Meanwhile, Mizuho maintained an outperform rating on Gemini, adjusting its price target from $12 to $10. Despite a more than 50% drop in Q1 trading volume, Gemini's trading revenue remained stable, suggesting improved fee structures.