Odaily News According to BlocksBridge Consulting's analysis of the financial returns of 12 listed Bitcoin mining companies, 10 of them raised a total of $2 billion in total revenue through equity financing activities, and profitability is expected to decline after the halving. These companies raised $1.25 billion in Q4 2023. Marathon Digital, CleanSpark and Riot Platforms were the companies with the most financing last quarter, accounting for 73%. As of the end of March, Marathon, CleanSpark and Riot held a total of $1.33 billion in cash and more than 32,200 bitcoins. Financing activities may decrease in Q2 2024. According to BlocksBridge Consulting, as of May 15, "less than $500 million was invested in subscribing to shares of major listed Bitcoin mining companies. Financing activities seem to have cooled since Q2, but this figure is already higher than the third quarter of last year." (Cointelegraph)