🚀 Bitcoin increased by 113% in 2024, but many mining stocks are still "in the red". Only 7 out of 25 companies are profitable, notably Core Scientific (+327%) and TeraWulf (+169%).

📉 Conversely, Argo Blockchain dropped by 84%, and Sphere 3D fell by 69%. A major challenge for miners with rising costs and decreasing rewards after the halving event.

🔍 In 2024, many companies are looking to diversify, such as Core Scientific entering the AI space with CoreWeave. They are also raising capital through the stock market, raising over $2.2 billion.

💡 What do you think about the future of Bitcoin and the mining industry? Share your thoughts below! 👇