Since the beginning of 2024, public companies involved in Bitcoin mining have spent over $3.6 billion on property, equipment, and infrastructure.

- Investments in equipment and upgrades amounted to $3.49 billion, including $1.226 billion in the third quarter.

- The increase in investments coincides with the rise in the Bitcoin network's hash rate to 790 EH/s and record mining difficulty.

- The majority of funds are directed towards upgrading equipment, despite delays in deliveries from China.