Bitcoin miner balances have fallen below 1.81 million BTC, marking the lowest level in years following the recent halving. Concurrently, Bitcoin's hash rate has plummeted to 567 EH/s, experiencing the steepest 7-day decline since July 2021. Additionally, Bitcoin miner holdings have plunged 50%, reaching their lowest level in over 14 years. Riot Platforms, a Bitcoin mining company, saw its shares drop after short-seller Kerrisdale Capital announced it is shorting the miner, criticizing its business model as one of the worst for a public company.