JPMorgan: The market value of U.S. listed Bitcoin mining companies reaches $22.8 billion, a record high

ChainCatcher news, according to The Block, based on a report by JPMorgan analysts, as of June 15, the market capitalization of publicly listed Bitcoin mining companies in the United States reached a record of $22.8 billion.

JPMorgan analysts Reginald Smith and Charles Pearce wrote in a report to clients on Monday that in the first half of June, 14 publicly listed stocks in the U.S. rose, with Core Scientific, TeraWulf, and IREN increasing by 117%, 80%, and 70%, respectively.

Argo Blockchain was the only mining company to see a price decline in June, with a drop of 7%, underperforming Bitcoin's price decline of 3%.

Marathon Digital is currently the largest Bitcoin mining company by market capitalization in the U.S., valued at $5.3 billion, followed by CleanSpark and Riot Platforms, with market capitalizations of $4 billion and $3 billion, respectively.