According to Foresight News, CoinDesk reports that JPMorgan has evaluated the current Bitcoin price, estimating the value of the remaining 1.3 million BTC to be approximately $74 billion. In light of second-quarter performance and changes in Bitcoin prices and network hash rate, JPMorgan has revised its price targets for several mining companies.

JPMorgan has lowered the target price for CleanSpark from $12.50 to $10.50, while maintaining a neutral rating on the stock. Similarly, the target price for Iren has been reduced from $11 to $9.50, with an overweight rating still in place. Marathon Digital, which has an underweight rating, saw its price target decrease from $14 to $12. Riot Platforms, rated overweight, had its price target cut from $12 to $9.50.

These adjustments reflect JPMorgan's assessment of the current market conditions and the performance of these companies in the context of Bitcoin's fluctuating value and mining dynamics.