2024

Bitcoin

Million

<p>The Bitcoin mining sector has seen a flurry of merger and acquisition (M&amp;A) deals in 2024, totaling $466 million so far. Notably, 67% of these deals occurred after Bitcoin’s fourth halving in April, indicating a consolidation trend among mining companies.</p>
<p>Leading players like CleanSpark and Marathon Digital have been at the forefront of these acquisitions, expanding their mining capacities. These deals have allowed miners to secure 574 megawatts of additional capacity at an average valuation of $812,000 per MW, further strengthening their market positions amid rising competition.</p>

Bitcoin Mining M&A Deals Hit $466 Million in 2024

Ultramining_Eng

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