Morgan Stanley flags upside for Galaxy Digital and Cipher Digital in ERCOT Batch Zero grid interconnection process
In a note cited by Yahoo Finance, Morgan Stanley suggested that digital-asset mining-focused firms could benefit from Texas grid capacity additions tied to ERCOT’s Batch Zero large-load interconnection workflow. The bank’s view centers on how much load ERCOT may treat as “large-load” requests and how those classifications could affect project timing.