• bitcoinBitcoin (BTC) $ 118,014.00
  • ethereumEthereum (ETH) $ 2,969.13
  • xrpXRP (XRP) $ 2.79
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 694.36
  • solanaSolana (SOL) $ 163.59
  • usd-coinUSDC (USDC) $ 0.999957
  • dogecoinDogecoin (DOGE) $ 0.202224
  • tronTRON (TRX) $ 0.304827
  • staked-etherLido Staked Ether (STETH) $ 2,970.27
  • cardanoCardano (ADA) $ 0.717854
  • hyperliquidHyperliquid (HYPE) $ 46.78
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 117,882.00
  • wrapped-stethWrapped stETH (WSTETH) $ 3,583.52
  • suiSui (SUI) $ 3.44
  • stellarStellar (XLM) $ 0.379238
  • chainlinkChainlink (LINK) $ 15.30
  • bitcoin-cashBitcoin Cash (BCH) $ 518.02
  • avalanche-2Avalanche (AVAX) $ 20.85
  • hedera-hashgraphHedera (HBAR) $ 0.198315
  • leo-tokenLEO Token (LEO) $ 9.08
  • wrapped-eethWrapped eETH (WEETH) $ 3,185.07
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • the-open-networkToncoin (TON) $ 2.99
  • usdsUSDS (USDS) $ 0.999784
  • wethWETH (WETH) $ 2,972.81
  • litecoinLitecoin (LTC) $ 93.25
  • whitebitWhiteBIT Coin (WBT) $ 46.66
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 333.29
  • polkadotPolkadot (DOT) $ 4.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 117,994.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pepePepe (PEPE) $ 0.000012
  • bitget-tokenBitget Token (BGB) $ 4.42
  • uniswapUniswap (UNI) $ 8.59
  • aaveAave (AAVE) $ 301.44
  • bittensorBittensor (TAO) $ 394.88
  • pi-networkPi Network (PI) $ 0.472407
  • daiDai (DAI) $ 1.00
  • crypto-com-chainCronos (CRO) $ 0.104753
  • aptosAptos (APT) $ 4.89
  • nearNEAR Protocol (NEAR) $ 2.53
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 48.66
  • internet-computerInternet Computer (ICP) $ 5.37
  • jito-staked-solJito Staked SOL (JITOSOL) $ 198.76
  • ondo-financeOndo (ONDO) $ 0.894045
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 18.44
  • susdssUSDS (SUSDS) $ 1.06
  • kaspaKaspa (KAS) $ 0.086142
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • cosmosCosmos Hub (ATOM) $ 4.71
  • mantleMantle (MNT) $ 0.634403
  • ethenaEthena (ENA) $ 0.334412
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.233605
  • vechainVeChain (VET) $ 0.024435
  • arbitrumArbitrum (ARB) $ 0.403975
  • official-trumpOfficial Trump (TRUMP) $ 9.82
  • gatechain-tokenGate (GT) $ 16.21
  • fasttokenFasttoken (FTN) $ 4.45
  • algorandAlgorand (ALGO) $ 0.221538
  • render-tokenRender (RENDER) $ 3.68
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.706359
  • sei-networkSei (SEI) $ 0.330510
  • worldcoin-wldWorldcoin (WLD) $ 1.04
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,970.81
  • filecoinFilecoin (FIL) $ 2.59
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 117,761.00
  • bonkBonk (BONK) $ 0.000022
  • skySky (SKY) $ 0.079509
  • quant-networkQuant (QNT) $ 116.33
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.74
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.50
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.023614
  • spx6900SPX6900 (SPX) $ 1.58
  • jupiter-exchange-solanaJupiter (JUP) $ 0.488621
  • kucoin-sharesKuCoin (KCS) $ 11.48
  • usdtbUSDtb (USDTB) $ 0.999637
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,115.58
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,384.71
  • usdt0USDT0 (USDT0) $ 1.00
  • celestiaCelestia (TIA) $ 1.91
  • nexoNEXO (NEXO) $ 1.28
  • fartcoinFartcoin (FARTCOIN) $ 1.26
  • story-2Story (IP) $ 4.35
  • injective-protocolInjective (INJ) $ 12.60
  • flare-networksFlare (FLR) $ 0.017077
  • memecoreMemeCore (M) $ 0.759336
  • sonic-3Sonic (S) $ 0.361949
  • xdce-crowd-saleXDC Network (XDC) $ 0.071335
  • blockstackStacks (STX) $ 0.751563
  • optimismOptimism (OP) $ 0.654962
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.75
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,172.15
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,123.21
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 117,830.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,130.43
  • dogwifcoindogwifhat (WIF) $ 0.977468
  • the-graphThe Graph (GRT) $ 0.097801
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,693.00
  • immutable-xImmutable (IMX) $ 0.507823
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • kaiaKaia (KAIA) $ 0.160448
  • pax-goldPAX Gold (PAXG) $ 3,348.35
  • flokiFLOKI (FLOKI) $ 0.000097
  • wbnbWrapped BNB (WBNB) $ 694.54
  • clbtcclBTC (CLBTC) $ 118,409.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,215.58
  • tokenize-xchangeTokenize Xchange (TKX) $ 11.16
  • paypal-usdPayPal USD (PYUSD) $ 0.999711
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.52
  • curve-dao-tokenCurve DAO (CRV) $ 0.631481
  • vaultaVaulta (A) $ 0.544026
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 183.78
  • tether-goldTether Gold (XAUT) $ 3,349.43
  • msolMarinade Staked SOL (MSOL) $ 213.79
  • theta-tokenTheta Network (THETA) $ 0.805991
  • galaGALA (GALA) $ 0.017234
  • iotaIOTA (IOTA) $ 0.192654
  • lido-daoLido DAO (LDO) $ 0.835131
  • raydiumRaydium (RAY) $ 2.73
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.92
  • jasmycoinJasmyCoin (JASMY) $ 0.014686
  • the-sandboxThe Sandbox (SAND) $ 0.290538
  • ousgOUSG (OUSG) $ 111.77
  • zcashZcash (ZEC) $ 42.81
  • pyth-networkPyth Network (PYTH) $ 0.118137
  • jito-governance-tokenJito (JTO) $ 1.95
  • wrapped-hypeWrapped HYPE (WHYPE) $ 46.86
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997961
  • bittorrentBitTorrent (BTT) $ 0.00000068
  • aerodrome-financeAerodrome Finance (AERO) $ 0.786797
  • super-oethSuper OETH (SUPEROETH) $ 2,971.62
  • tezosTezos (XTZ) $ 0.632255
  • saros-financeSaros (SAROS) $ 0.249704
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,179.34
  • pendlePendle (PENDLE) $ 3.95
  • mog-coinMog Coin (MOG) $ 0.000002
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,085.99
  • tbtctBTC (TBTC) $ 117,831.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,974.11
  • flowFlow (FLOW) $ 0.385919
  • newton-projectAB (AB) $ 0.009016
  • decentralandDecentraland (MANA) $ 0.311423
  • falcon-financeFalcon USD (USDF) $ 0.999494
  • chain-2Onyxcoin (XCN) $ 0.017142
  • usual-usdUsual USD (USD0) $ 0.997692
  • based-brettBrett (BRETT) $ 0.056873
  • coredaoorgCore (CORE) $ 0.558644
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 116,886.00
  • walrus-2Walrus (WAL) $ 0.404326
  • heliumHelium (HNT) $ 3.01
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 118,013.00
  • build-onBUILDon (B) $ 0.554781
  • syrupMaple Finance (SYRUP) $ 0.508421
  • morphoMorpho (MORPHO) $ 1.71
  • staked-hypeStaked HYPE (STHYPE) $ 46.84
  • apecoinApeCoin (APE) $ 0.667943
  • thorchainTHORChain (RUNE) $ 1.51
  • bitcoin-svBitcoin SV (BSV) $ 26.33
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.201874
  • ripple-usdRipple USD (RLUSD) $ 0.999853
  • starknetStarknet (STRK) $ 0.141886
  • conflux-tokenConflux (CFX) $ 0.099859
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,972.84
  • true-usdTrueUSD (TUSD) $ 0.998272
  • usddUSDD (USDD) $ 1.00
  • venomVenom (VENOM) $ 0.222874
  • kavaKava (KAVA) $ 0.428642
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007914
  • stader-ethxStader ETHx (ETHX) $ 3,162.21
  • dydx-chaindYdX (DYDX) $ 0.611569
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004574
  • apenftAPENFT (NFT) $ 0.00000045
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999997
  • neoNEO (NEO) $ 6.32
  • beldexBeldex (BDX) $ 0.062260
  • compound-governance-tokenCompound (COMP) $ 46.96
  • elrond-erd-2MultiversX (EGLD) $ 15.40
  • dexeDeXe (DEXE) $ 7.60
  • ether-fiEther.fi (ETHFI) $ 1.14
  • aioz-networkAIOZ Network (AIOZ) $ 0.358605
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,281.52
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.34
  • ecasheCash (XEC) $ 0.000021
  • deepDeepBook (DEEP) $ 0.168333
  • axie-infinityAxie Infinity (AXS) $ 2.50
  • arweaveArweave (AR) $ 6.34
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 117,970.00
  • telcoinTelcoin (TEL) $ 0.004442
  • usdbUSDB (USDB) $ 1.01
  • zksyncZKsync (ZK) $ 0.056073

Report: Bitcoin Miners Sitting on 100K BTC Fortune — But Owe $4.6B

0 49

Report: Bitcoin Miners Sitting on 100K BTC Fortune — But Owe $4.6B

According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000 BTC in their accounts. But there’s a catch — these businesses have also taken on a hefty $4.6 billion in debt.

Bitcoin Miners Walk Debt Tightrope With 100K BTC in Hand

This past Friday, all ten leading bitcoin mining companies listed publicly climbed higher, with Applied Digital stealing the spotlight thanks to an 11.46% jump. Moreover, theminermag.com, a Blocksbridge Consulting news, data, and research platform, published a report this week on the current state of bitcoin miners.

The analysis highlights that among 14 firms spanning private and public sectors, all closed out February with a combined 101,000 BTC. According to theminermag.com’s findings, companies like Cango, Core Scientific, Hut 8, Riot, Cleanspark, and MARA have all faced double-digit declines since January.

Report: Bitcoin Miners Sitting on 100K BTC Fortune — But Owe $4.6B

Source: theminermag.com

This collective BTC stash now holds a value of $8.51 billion based on current exchange rates. Meanwhile, the report also reveals that publicly traded bitcoin miners have racked up $4.6 billion in debt financing.

“With Bitcoin’s hashprice—daily revenue per unit of computing power—falling below $50/PH/s again, hitting $45/PH/s during the recent market downturn, it will be interesting to see how these dynamics shift, particularly for companies colocating their equipment,” theminermag.com analysis states.

Bitcoin’s hashprice? Think of it as the estimated daily earnings a miner can pocket from one petahash per second (PH/s) of SHA256 hashing power. Flashing forward to March 15, 2025, the hashprice clocked in at $47.85 per PH/s. Since Feb. 15, the hashprice has slid 11.84% over the last 30 days.

Source

Leave A Reply

Your email address will not be published.