Publicly traded mining companies experience a selling wave


JPMorgan estimates that the average production cost of one Bitcoin is about $78,000, which is approximately 20% higher than the market price of $62,500.

Analysts citing CoinShares' Q1 mining report indicate that currently about 20% of Bitcoin miners are unable to maintain profitability. Just in the first quarter of this year, listed mining companies sold over 32,000 Bitcoins to cover operational expenses, exceeding the total sales for the entire year of 2025.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned