Data: The market value of 14 listed Bitcoin mining companies shrank by 25% in March

2025-04-02 10:22:01

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ChainCatcher news, according to Decrypt, JPMorgan stated in a report on Tuesday that Bitcoin miners continue to face challenges, with 14 listed mining companies in the sector collectively experiencing the worst month on record in March. The Bitcoin miners tracked, including companies like MARA and Core Scientific, saw their total market capitalization shrink by 25% last month, amounting to approximately $6 billion.

Additionally, the report indicated that companies with high-performance computing businesses "underperformed pure Bitcoin miners for the second consecutive month." JPMorgan's data shows that these 14 listed mining companies also performed poorly in February, when their total market capitalization lost over 20%, also approximately $6 billion.

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