🚨💸 Bitcoin mining firms had a stellar quarter, thanks to a 32% increase in Bitcoin's value 📈. #CryptoIn401(k) #USFedBTCReserve #IPOWave #BTCUnbound $BTC $ETH $BNB
MARA Holdings exceeded analyst expectations with a 64% year-over-year revenue jump to $238 million 💸. Riot Platforms also reported a record net income of $219.5 million 📊.
Other mining firms like CleanSpark and Hut 8 saw modest gains in Q2 revenues 📈. The surge in Bitcoin's price and increased mining efficiency contributed to these positive results 🚀.
Strong financial performance indicates a promising outlook for the industry 💰