jpmorgan

Bitcoin Miners Rake in Record Profits: JPMorgan Reveals Q1 Secrets

Bitcoin Miners Rake in Record Profits: JPMorgan Reveals Q1 Secrets

The first three months of 2025 was a boom time for Bitcoin miners. As a result, hundreds of firms sky-rocketed past to post all-time highs in profit. JPMorgan’s detailed analysis uncovers the surprising factors behind this profitability boom and what factors are driving it. It’s a must-read for investors and...

Bitcoin Miners See Record Profits in Q1 2025, JPMorgan Reports

Bitcoin Miners See Record Profits in Q1 2025, JPMorgan Reports

Top U.S. Bitcoin mining companies started off 2025 on a high note, as companies reported gross profit of $2.0 billion at the end of the first quarter. U.S.-listed miners have seen average gross margins of 53%. This is a major leap up from $1.7 billion and 50% in Q2.People are...