MARA Posts $1,7B Quarterly Loss as Bitcoin Slump Dents Miner Results

Editorial photo of a dim bitcoin mining data center with rows of rigs and a monitor showing BTC price decline

Bitcoin miner MARA reported a quarterly net loss of $1.7B, citing a slump in bitcoin that weighed on revenue and valuations. The number is eye-catching because it reinforces how quickly miner P&Ls can swing when BTC price dynamics drive both operating conditions and accounting marks. For the sector, it also reopens the familiar question of […]

VanEck: Miner Capitulation As A Contrarian Signal Pointing To Renewed Bitcoin Momentum

Editorial photo of a Bitcoin mining facility with powered-down rigs and a focused technician, signaling miner capitulation.

VanEck argues that miner capitulation—signaled by a 4% decline in Bitcoin’s hashrate by December 15, 2025—can function as a contrarian indicator that often appears near market resets. The firm’s Mid-December 2025 Bitcoin ChainCheck ties the hashrate contraction to miner stress while emphasizing that institutional accumulation may cushion downside pressure.