
JPMorgan has reported that the total market capitalization of 14 publicly listed U.S. bitcoin mining companies fell by 22% in February, equating to a loss of $6 billion. This decline was attributed to a drop in Bitcoin prices and deteriorating mining economics. Specifically, Core Scientific (ticker: $CORZ) experienced a 22% drop in its stock price following its February production results, which showed a decrease of 41 BTC mined compared to the previous quarter, totaling 256 BTC for the month. Meanwhile, Marathon Digital Holdings ($MARA) reported a reduction in block wins and Bitcoin production, with a month-to-month decline of 6% in February. The mining sector continues to face challenges due to increased difficulty and the declining price of Bitcoin, impacting overall production and profitability.












$CRWV $MSFT CoreWeave denies FT reports of Microsoft walking away from agreements
Rising AI cloud provider @CoreWeave has revealed fast-growing revenue from a âlimited number of customers,â including Microsoft, and how it has scaled its GPU-powered data centers over the last three years ahead of a plan to go public. https://t.co/Bbp0DJKIbB
.@Core_Scientific shares dropped 15% in pre-market trading as @Microsoft reportedly reduced its commitment with Core Scientific's partner @CoreWeave. By @btcjvs. https://t.co/lfuCB92Bst