MARA Holdings reported a 6% decline in blocks won and Bitcoin production in February, attributing the drop to increased network difficulty and fewer operational days. Despite a 21% decrease in shares over the past month, the company is nearing completion of a 40-megawatt data center in Ohio to enhance its mining capabilities. Rising energy costs and a competitive landscape continue to challenge the mining sector.
about MARA Holdings Reports Decline in Bitcoin Production and Mining MetricsMarathon Digital Holdings Inc.
0 in Finance and 0 in Crypto last weekBitcoin Miners Struggle Amid Market Decline and Halving Impact
Bitcoin mining stocks are facing significant challenges as prices decline, with a 22% drop in market capitalization reported in February. The recent halving event has halved mining rewards, leading to a 46% average drop in revenues and a 57% decline in gross profits. Despite optimism about AI-related business opportunities, miners are still under pressure from macroeconomic uncertainties and fluctuating demand for high-performance computing.
about Bitcoin Miners Struggle Amid Market Decline and Halving ImpactOklahoma Advances Bitcoin Reserve Bill Amid Market Decline and Liquidations
Oklahoma’s Strategic Bitcoin Reserve bill has advanced, with the House approving it 12-2, aiming to accumulate Bitcoin for financial security. This comes as Bitcoin’s price fell to $86,099, resulting in $1.06 billion in liquidations and significant ETF outflows amid broader market instability influenced by macroeconomic factors.
about Oklahoma Advances Bitcoin Reserve Bill Amid Market Decline and LiquidationsBitcoin and Solana Face Significant Declines Amid Market Turmoil
Bitcoin whales have sold over $1.2 billion amid worsening macroeconomic conditions, with Bitcoin’s price dropping to $86,099, leading to significant liquidations and losses across the market. Solana has seen a 50% decline from its all-time high, driven by reduced memecoin trading activity and a drop in its decentralized finance ecosystem’s total value locked (TVL) from $12 billion to $7.13 billion. As market confidence wanes, traders are closely monitoring key support levels for both Bitcoin and Solana, with potential for further declines.
about Bitcoin and Solana Face Significant Declines Amid Market TurmoilCipher Mining Reports Increased Losses Leading to Significant Stock Decline
Cipher Mining Inc. saw its shares plummet nearly 17.5% on February 25 after reporting a more than doubling of operating losses to $43.7 million for the full year 2024, despite a 19% revenue increase to $151 million. The firm expanded its self-mining hashrate to 13.5 EH/s and is progressing on its “Black Pearl” site, set to energize in Q2. Although the stock closed at $4.10, it remains up about 20% over the past year.
about Cipher Mining Reports Increased Losses Leading to Significant Stock DeclineBitcoin and Crypto Stocks Fall Amid Economic Concerns and Major Hack
Cryptocurrency stocks plummeted amid a broader market downturn, with Robinhood and Coinbase shares falling 8% and 6.4%, respectively. Bitcoin dropped below $89,000, influenced by a $1.4 billion hack on Bybit and rising inflation concerns, while Bitdeer reported a $532 million loss, leading to a 20% stock decline. The market remains unsettled by potential global trade wars and the Federal Reserve’s cautious stance on interest rate cuts.
about Bitcoin and Crypto Stocks Fall Amid Economic Concerns and Major HackImpact of Trump’s Tariffs on the Cryptocurrency Market and Mining Operations
Tariffs imposed by the U.S. under President Trump have significantly impacted the cryptocurrency market, leading to notable price declines for Bitcoin and Ethereum. The 25% tariff on imports from Canada and Mexico, along with a 10% tariff on Chinese goods, triggered a sell-off as investors shifted to safer assets amid economic uncertainty. Additionally, increased costs for mining equipment due to tariffs have squeezed profit margins for U.S. Bitcoin miners, further affecting the industry’s stability.
about Impact of Trump's Tariffs on the Cryptocurrency Market and Mining OperationsBitdeer Stock Plummets 28 Percent After Disappointing Earnings Report
Bitdeer Technologies Group’s stock plummeted over 28% on February 25 after reporting Q4 2024 revenues of $69 million, a nearly 40% decline year-over-year, and net losses exceeding $530 million. The earnings miss was attributed to the April 2024 Bitcoin halving, increased global network hash rate, and rising R&D costs. Despite efforts to boost revenues through energy-efficient mining hardware sales, the company faced challenges in offsetting declines in other business lines.
about Bitdeer Stock Plummets 28 Percent After Disappointing Earnings ReportBitcoin miners pivot to AI and chip sales ahead of earnings reports
Analysts are focusing on Bitcoin miners’ revenues from AI computing and chip sales ahead of their Q4 earnings, as traditional mining profits decline due to the upcoming halving. Companies like Riot Platforms and Bitdeer are exploring adjacent business lines, with strong demand for ASIC chips and AI services. Riot is also reassessing its expansion plans to capitalize on high-performance computing opportunities, while Bitdeer is investing in infrastructure to support growth.
about Bitcoin miners pivot to AI and chip sales ahead of earnings reportsEconomic Reports and Events Impacting Crypto Markets This Week
Recent economic reports indicate cracks in the US economy, with low service-sector PMI readings and concerns over job market impacts from federal layoffs. Key data releases this week, including GDP and PCE inflation, could influence market sentiment, while a Senate hearing on digital assets may positively affect crypto markets. Bitcoin and Ethereum have shown low volatility, with Bitcoin dipping below $96,000 and Ethereum struggling to maintain gains after recovering from recent hack news.
about Economic Reports and Events Impacting Crypto Markets This WeekBitcoin Mining Slowdown Signals Potential for Extended Price Corrections
A decline in Bitcoin mining activity has historically led to prolonged price corrections, with current trends indicating a potential downturn as competition and energy costs squeeze profit margins. Bitcoin’s price has dropped nearly 14% since January 20, 2025, amid uncertainty over government crypto policies and persistent inflation, which diminishes the appeal of riskier assets. Despite these challenges, the Bitcoin mining industry continues to contribute significantly to the U.S. economy, creating over 31,000 jobs and generating more than $4.1 billion in annual GDP.
about Bitcoin Mining Slowdown Signals Potential for Extended Price CorrectionsBitwise Donates 150000 to Support Bitcoin Development Through BITB ETF Profits
Bitwise has donated $150,000 to support Bitcoin open-source developers, representing 10% of the gross profits from its BITB ETF. The funds will be distributed among Brink, OpenSats, and the Human Rights Foundation, all of which play vital roles in enhancing Bitcoin’s security and functionality. As BITB grows, Bitwise commits to increasing its contributions, acknowledging the importance of its investors in this initiative.
about Bitwise Donates 150000 to Support Bitcoin Development Through BITB ETF Profits