The cryptocurrency Industry is facing profit squeezes, and USA mining companies are "making ends meet".

It is estimated that in the third quarter of last year, the Average Cost of producing Bitcoin for all miners listed in the USA was $55,950 per coin, a 13% increase from the previous quarter, with an Average Cost of $106,000 including depreciation and stock-based compensation costs. Bitcoin is currently priced at $101,439.1. This means that if the price of Bitcoin does not rise, it may lead to many miners shutting down their machines or going bankrupt.

wallstreetcn07:41 ET

MicroStrategy $650 Target Reiterated By Analyst With High Accuracy — Michael Saylor-Linked Company's Preferred Stock Offerings Will Attract Insurance Companies, Banks

Benzinga03:36 ET

Why is MSTR in such a hurry to seize the premium?

While MSTR sells its company stocks, it is also heavily investing in Bitcoin. Analysis suggests that by selling stocks at 2-3 times net asset value, MSTR is effectively purchasing Bitcoin at a significant discount.

wallstreetcn02:30 ET

Bitcoin Makes Its Move Over $100K, Ethereum, Dogecoin Rally As Corporate BTC Adoption Strengthens: Analyst Says Ongoing BTC Run Different From Past Cycles

Benzinga21:17 ET

U.S. stock market closing: the three major Indexes had mixed results, with the Technology conference CES boosting chip stocks higher.

① Nasdaq China Golden Dragon Index closed down 1.16%, most China Concept Stocks fell, Tencent ADR dropped nearly 8%; ② MicroStrategy has purchased Bitcoin for nine consecutive weeks; ③ Trump denies plans to reduce the applicability of tariffs; ④ Qualcomm announces the launch of the new AI chip Snapdragon X.

cls.cn17:19 ET

Crypto-Related Shares Are Surging Today: What's Going On?

Benzinga15:36 ET