The miners of the first cryptocurrency did not significantly participate in the growth of the capitalization of the asset from the end of 2024 and the beginning of 2025. The institutional interest in the sector was not focused on the extraction of bitcoin, but on the introduction of artificial intelligence systems into data centers, experts pointed out.
“This year, Bitcoin miners survived a painful correction (20–40%), while cryptocurrency fell by only 10%,” the report said.
Analysts reduced the forecast for targeted prices for Iren shares – from $ 26 to $ 20, Cleanspark – from $ 30 to $ 20, and Riot – from $ 22 to $ 19. In their opinion, the fall of quotations of shares of companies will provoke the further growth of the global hashrate and outflow of funds due to the cost of modernization of equipment.
Bernstein retained price guidelines for 2025 only for Mara and Core Scientific at $ 23 and $ 17, respectively.
Earlier, the analysts of the American investment bank JPMORGAN said that in the first two weeks of March, miners earned about $ 48,300 as a daily reward for the production of a block – this is 11% less than in February.
Source: Bits
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