Big news about Bitcoin miners! JPMorgan, a giant bank, looked at how much Bitcoin mining companies are worth. They changed their ideas about how much Bitcoin will cost and how many Bitcoins will be mined.
They adjusted their guesses on how much some companies are worth. Some went up, some went down! It's all about Bitcoin and the companies that create it.
- JPMorgan changed its predictions for Bitcoin miner company prices.
- Some company prices went up, others went down.
- This is because Bitcoin's price changed and more Bitcoin is being mined than expected.
| Company | Old Price Guess | New Price Guess |
|---|---|---|
| IREN | $15 | $12 |
| Cipher Mining (CIFR) | $8 | No guess |
| Riot Platforms (RIOT) | More than $13 | $13 |
| CleanSpark (CLSK) | More than $12 | $12 |
| MARA Holdings (MARA) | $23 | $18 |
Bitcoin mining is like a digital gold rush! Companies use powerful computers to create new Bitcoins. The bank thinks these company prices might be a good deal now.
