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Public Bitcoin mining companies plagued with $4B of collective debt

December 24, 2022 by DIGIT
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The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines during a subsequent bear market.

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Categories Bankruptcy, Bitcoin Mining, Loans, mining
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  • bitcoinBitcoin(BTC)$104,746.00-0.23%
  • ethereumEthereum(ETH)$2,495.64-0.63%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.140.71%
  • binancecoinBNB(BNB)$642.940.23%
  • solanaSolana(SOL)$149.324.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2722290.63%
  • dogecoinDogecoin(DOGE)$0.171860-2.62%
  • staked-etherLido Staked Ether(STETH)$2,492.58-0.62%
  • bitcoinBitcoin(BTC)$104,746.00-0.23%
  • ethereumEthereum(ETH)$2,495.64-0.63%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.140.71%
  • binancecoinBNB(BNB)$642.940.23%
  • solanaSolana(SOL)$149.324.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2722290.63%
  • dogecoinDogecoin(DOGE)$0.171860-2.62%
  • staked-etherLido Staked Ether(STETH)$2,492.58-0.62%
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  • bitcoinBitcoin(BTC)$104,746.00-0.23%
  • ethereumEthereum(ETH)$2,495.64-0.63%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.140.71%
  • binancecoinBNB(BNB)$642.940.23%
  • solanaSolana(SOL)$149.324.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2722290.63%
  • dogecoinDogecoin(DOGE)$0.171860-2.62%
  • staked-etherLido Staked Ether(STETH)$2,492.58-0.62%
  • bitcoinBitcoin(BTC)$104,746.00-0.23%
  • ethereumEthereum(ETH)$2,495.64-0.63%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.140.71%
  • binancecoinBNB(BNB)$642.940.23%
  • solanaSolana(SOL)$149.324.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2722290.63%
  • dogecoinDogecoin(DOGE)$0.171860-2.62%
  • staked-etherLido Staked Ether(STETH)$2,492.58-0.62%