Publicly traded Bitcoin (BTC) mining firms reached a market cap of well over $43 billion. At the time of writing the cumulative market cap of those companies stands at $43.12 billion, according to Farside Investors data. The value of the considered firms more than doubled in seven months as Bitcoin’s price kept rallying. The details The biggest challenge for Bitcoin mining firms is revenue, especially considering that the Bitcoin block reward was cut by 50% in April.

BING NEWS:
  • Publicly-Traded Bitcoin miners reach a $43 billion market cap
    Publicly-traded Bitcoin mining firms reached a market cap of well over $43 billion, as network data shows healthy investment is taking place.
    11/29/2024 - 2:22 am | View Link
  • Bitcoin Miners Near $40B Market Cap as Hashrate Surges
    Bitcoin miners approach $40B market cap amid soaring hashrates, rising complexity, and strategic pivots to AI and high-performance computing.
    11/28/2024 - 4:39 am | View Link
  • Bitcoin Miners Near $40B Market Cap amid Rising Challenges
    Publicly traded Bitcoin miners are closing in on a $40 billion market cap, doubling their value in just seven months as Bitcoin’s price flirts ...
    11/28/2024 - 3:41 am | View Link
  • Bitcoin Miners Approach $40B Market Cap as Difficulty Set for Fifth Straight Increase
    The CoinShares Valkyrie Bitcoin Miners ETF is a proxy for publicly traded miners. Its share price is up 60% year-to-date, which is underperforming bitcoin's 113%.
    11/28/2024 - 12:37 am | View Link
  • Crypto’s winners and losers: who’s cashing in on the Bitcoin boom?
    The cryptocurrency world is awash in new wealth as Bitcoin's record-breaking climb above $90,000 propels the total value of digital assets past a staggering $3.2 trillion.
    11/19/2024 - 11:24 pm | View Link
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