Pa NewsBTC - 1 ane de sa - Tan Lekti: 2 minit
Bitcoin Minè yo soufri plis pase $1 milya pèt nan Q2 2022
After incurring a number of impairment losses brought on by the decline in cryptocurrency prices, the three biggest US publicly traded Bitcoin mining companies lost more than US$1 billion in the second quarter.
Bitcoin Miners In Deep RedIn the three months that ended June 30, Core Scientific Inc., Marathon Digital Holdings Inc., and Riot Blockchain Inc. all reported net losses of US$862 million, US$192 million, and US$366 million, respectively. Following the approximately 60% decline in the price of Bitcoin during the quarter, other large miners such Bitfarms Ltd. and Greenidge Generation Holdings Inc., which released results on Monday, were also obliged to write down the value of their holdings.
Sous: BloombergAlthough there has been some relief in recent weeks for the shares of cryptocurrency mining companies, they remain significantly negative. In order to pay off debt and meet operating expenses in the most recent quarter, the miners were forced to sell some of the Bitcoin they had been hoarding. Through the third quarter, that persisted.
Se pa sèlman minè yo te gen gwo pèt dènye trimès; lòt manm sektè a tou. Pi gwo echanj kriptografik ameriken an, Coinbase Global Inc., rapòte yon pèt 1.1 milya dola ameriken, ak MicroStrategy Inc. te fè eksperyans tou yon pèt nèt ki gen plis pase 1 milya dola ameriken.
Top minè piblik yo te tire 3,900 pyès monnen nan mwa jen, men yo te vann 14,600 nan yo, dapre Mellerud. Nan mwa jen, Core Scientific te vann apeprè 80% pyès monnen li yo pou peye depans fonksyònman yo ak sipòte kwasans.
Pou rete sòlvan, minè yo ap vann byen yo ak machin min yo epi yo pran plis dèt. Marathon te elaji liy kredi 100 milyon dola anvan li an Jiyè lè li te refinanse li ak yon nouvo prè tèm 100 milyon dola nan men Silvergate Capital Corp, bank ki zanmi kriptografik lajan an. Anplis de sa, minè a te vann ekipman min li yo pou 58 milyon dola ameriken. Avèk B. Riley Principal Capital II, Core Scientific te siyen yon akò komen pou achte aksyon pou 100 milyon dola ameriken.
Public corporations with significant Bitcoin holdings on their balance sheets have been warned by the US Securities and Exchange Commission not to exclude price fluctuations when reporting results. Losses are not realized until the tokens are actually sold.
Featured image from Getty Images, chart from TradingView, and BloombergSous orijinal: NewsBTC