According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000 BTC in their accounts. But there’s a catch — these businesses have also taken on a hefty $4.6 billion in debt.
Bitcoin Miners Walk Debt Tightrope With 100K BTC in Hand
This past Friday, all ten leading bitcoin mining companies listed publicly climbed higher, with Applied Digital stealing the spotlight thanks to an 11.46% jump. Moreover, theminermag.com, a Blocksbridge Consulting news, data, and research platform, published a report this week on the current state of bitcoin miners.
The analysis highlights that among 14 firms spanning private and public sectors, all closed out February with a combined 101,000 BTC. According to theminermag.com’s findings, companies like Cango, Core Scientific, Hut 8, Riot, Cleanspark, and MARA have all faced double-digit declines since January.
Source: theminermag.com
This collective BTC stash now holds a value of $8.51 billion based on current exchange rates. Meanwhile, the report also reveals that publicly traded bitcoin miners have racked up $4.6 billion in debt financing.
“With Bitcoin’s hashprice—daily revenue per unit of computing power—falling below $50/PH/s again, hitting $45/PH/s during the recent market downturn, it will be interesting to see how these dynamics shift, particularly for companies colocating their equipment,” theminermag.com analysis states.
Bitcoin’s hashprice? Think of it as the estimated daily earnings a miner can pocket from one petahash per second (PH/s) of SHA256 hashing power. Flashing forward to March 15, 2025, the hashprice clocked in at $47.85 per PH/s. Since Feb. 15, the hashprice has slid 11.84% over the last 30 days.
cheapest clomid pills how to buy generic clomiphene without dr prescription clomiphene tablet price clomiphene for sale get clomiphene online cost of clomiphene no prescription clomid price in usa
Thanks on sharing. It’s outstrip quality.
More text pieces like this would insinuate the web better.
order zithromax 250mg sale – order zithromax 500mg online buy metronidazole 200mg without prescription
buy semaglutide 14 mg generic – buy semaglutide 14 mg online purchase cyproheptadine pill
buy motilium without prescription – oral sumycin 250mg cyclobenzaprine brand
buy propranolol cheap – buy plavix methotrexate 10mg brand
order amoxicillin online cheap – buy valsartan generic buy combivent 100mcg for sale
zithromax 500mg us – tinidazole 300mg ca buy nebivolol online cheap
augmentin 1000mg generic – atbioinfo buy generic ampicillin online
order nexium 40mg online cheap – anexa mate esomeprazole for sale online
order warfarin 2mg pills – coumamide brand losartan 50mg
meloxicam 15mg brand – https://moboxsin.com/ meloxicam 7.5mg canada
order prednisone 5mg generic – https://apreplson.com/ buy deltasone pill
mens ed pills – https://fastedtotake.com/ ed pills gnc
cheap amoxil generic – combamoxi.com buy amoxicillin generic
buy forcan pills for sale – where to buy diflucan without a prescription diflucan 100mg brand
lexapro sale – https://escitapro.com/ lexapro 20mg brand
buy cheap generic cenforce – buy cenforce 100mg pill order cenforce 50mg online
generic tadalafil prices – https://ciltadgn.com/ cialis purchase canada
how to get cialis prescription online – on this site when should you take cialis