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Bitcoin mining stocks are facing significant challenges as the cryptocurrency market experiences a downturn, exacerbated by the Bitcoin network's April halving. According to a JPMorgan report, these stocks collectively lost 22% in market capitalization in February due to declining Bitcoin prices impacting mining profitability. Companies like Riot Platforms, Bitdeer, Marathon Digital, and Core Scientific have reported their fourth-quarter results amid these pressures.
Marathon Digital Holdings Inc.
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bitcoin miners face challenges as market downturn impacts profitability
20:47 04.03.2025
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