Analysis: publicly listed bitcoin mining companies collectively owe $4B+, led by bankrupt Core Scientific with $1.3B as of September 30 and Marathon with $851M (Jaran Mellerud/Hashrate Index)

Jaran Mellerud / Hash Rate Index:

Analysis: publicly listed bitcoin miners collectively owe more than $4 billion, led by Core Science that went bankrupt with $1.3 billion on September 30 and Marathon with $851 million.— Public bitcoin miners owe more than $4 billion in total, and the largest of them has declared bankruptcy due to an unsustainable debt burden.


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