Matrixport: Bitcoin's post-halving returns stabilize, mining stocks may see a rebound

ChainCatcher news, Matrixport released a chart stating that since the halving in April 2024, Bitcoin mining daily revenue has significantly decreased from $70 million to $31 million. However, mining stocks have performed relatively well, slightly lagging behind Bitcoin but overall better than expected. As revenues gradually bottom out, mining stocks may see a rebound.

Many mining companies have chosen to hold Bitcoin inventories, reducing sales on exchanges, which has alleviated market selling pressure. This strategy not only provides shareholders with Bitcoin operational leverage but also increases inventory leverage. MicroStrategy shareholders have reaped substantial returns using a similar strategy.