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JPMorgan Chase: The total market value of 14 listed mining companies fell by 22% in February, and the Bitcoin mining economy weakened

2025-03-04 13:31

Odaily News The total market value of 14 listed mining companies tracked by JPMorgan Chase fell 22% in February this year, highlighting the weakening economics of Bitcoin mining. The bank pointed out that Bitcoin mining companies with high-performance computing (HPC) exposure fell after the release of DeepSeek artificial intelligence (AI) announcement and due to concerns about the recent demand for data center capacity. (Coindesk)