Catenaa, Sunday, March 23, 2025-Bernstein analysts have slashed their 2025 price targets for major Bitcoin miners, citing sharp underperformance relative to the cryptocurrency itself. In a Thursday note, analysts led by Gautam Chhugani highlighted a steep decline in miner stocks, with IREN, CleanSpark, and Riot Platforms dropping between 20-40% this year, while Bitcoin has fallen […]
Catenaa, Friday, May 09, 2025-Bitcoin mining firms Marathon Digital Holdings and CleanSpark reported sharp increases in first-quarter revenues but posted deep net losses, as both companies navigated high costs despite Bitcoin topping $100,000. Revenue of MARA rose 30% to $214 million from the prior year, while CleanSpark saw a 63% jump to $182 million. Yet, […]