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10x Research: Publicly listed BTC mining companies and encryption firms performed poorly overall this week, with a lackluster trend that has yet to reverse.
According to Deep Tide TechFlow news, on December 21, 10x Research released this week's crypto market review, which pointed out that due to global policy uncertainties, legislative latency, and other factors, the Bitcoin price remains low, and the market's sluggish trend has yet to be reversed. The stock performance of cryptocurrency-listed companies is generally poor, and the launch of new products by Coinbase has failed to offset the overall weakness in the market. Strategy's stock performance remains weak, although ARK Invest increased its holdings in BitMine, it still did not boost its stock price. In terms of Bitcoin mining companies, Bitdeer is facing collective lawsuit pressure, CleanSpark's earnings fell short of expectations and is facing insider selling, Iren is encountering a neutral rating that has hindered its stock price, and despite TeraWulf completing significant financing, its stock price has still declined due to equity dilution.