{"id":20423,"date":"2025-01-17T17:45:51","date_gmt":"2025-01-17T15:45:51","guid":{"rendered":"https:\/\/forklog.com\/en\/public-bitcoin-miners-reserves-approach-100000-btc\/"},"modified":"2025-01-17T17:45:51","modified_gmt":"2025-01-17T15:45:51","slug":"public-bitcoin-miners-reserves-approach-100000-btc","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/public-bitcoin-miners-reserves-approach-100000-btc\/","title":{"rendered":"Public bitcoin miners\u2019 reserves approach 100,000 BTC"},"content":{"rendered":"

As of December 2024, publicly listed mining firms held more than 92,000 BTC on their balance sheets, a record high, according to TheMiningMag<\/a>.<\/p>\n

Year on year, the figure rose by about 136% from just over 39,000 BTC.<\/p>\n

The increase was partly driven by MARA, Riot Platforms and Hut 8 shifting to a strategy of buying digital gold, following MicroStrategy\u2019s example.<\/p>\n

Four mining companies now hold more than 10,000 BTC each. In January, CleanSpark joined<\/a> the trio above.<\/p>\n

\"Bitcoin-Treasuries-156-Public-Companies-Private-Businesses-and-Other-Entities-Google-Chrome\"
\u0414\u0430\u043d\u043d\u044b\u0435: BitcoinTreasures<\/a>.<\/figcaption><\/figure>\n

Ionic Digital, which holds 2,461 BTC, plans to list in the near term.<\/p>\n

\n

\u201cBased on their current production rates and liquidation ratios, it is quite likely that the collective holdings [of public miners] will exceed 100,000 BTC within months,\u201d TheMiningMag\u2019s experts suggested.<\/p>\n<\/blockquote>\n

\"Miner-Weekly-Majnery-natselilis-na-rekordnye-100-tys.-BTC-v-bitkoin-holdinge-Google-Chrome-1\"
Monthly bitcoin production by public miners. Data: TheMiningMag.<\/figcaption><\/figure>\n

JPMorgan analysts noted that the combined hashrate of 14 US-listed, tracked companies more than doubled over the year, CoinDesk<\/a> reports.<\/p>\n

Public miners\u2019 share of the global network hashrate reached 30%.<\/p>\n

In the first two weeks of January, bitcoin\u2019s hashrate rose faster than its price, trimming mining profitability by roughly 1%. On average, miners earned about $54,900 per 1 EH\/s per day.<\/p>\n

Over the period, the sector\u2019s combined market capitalisation rose 16%, or $4.5bn. Riot led with +32%, while Bitdeer lagged with a 4% decline.<\/p>\n

In 2024, the strongest gains<\/a> among miners were posted by Core Scientific (169%), Bitdeer (122%) and TeraWulf (112%).<\/p>\n","protected":false},"excerpt":{"rendered":"

As of December 2024, publicly listed mining firms held more than 92,000 BTC on their balance sheets, a record high, according to TheMiningMag. Year on year, the figure rose by about 136% from just over 39,000 BTC. The increase was partly driven by MARA, Riot Platforms and Hut 8 shifting to a strategy of buying […]<\/p>\n","protected":false},"author":1,"featured_media":20422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1641,1137],"class_list":["post-20423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-reserves","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=20423"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/20422"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=20423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=20423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=20423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}