Bitcoin Miners See Sharp Share Declines Amid Crash

Shares of publicly traded Bitcoin miners plunged on Wednesday after Bitcoin fell to $72,185, a 15‑month low and nearly 20% weekly decline. MARA, Riot, Hut 8 and Cipher saw intra-day drops ranging from about 10% to over 20%, while miner profitability hit a 14-month low. The weakness has spurred operational stress and prompted some firms, like Bitfarms, to pivot toward AI compute.