SA Charts: How did Bitcoin miners do in February?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 14 2025
0mins
Source: SeekingAlpha
Bitcoin Mining Production Decline: Major bitcoin miners experienced a decrease in production in February, with the group producing 3,023 bitcoins, an 8.1% drop from January, while only Bitfarms saw a slight increase in output.
Price Volatility and Market Sentiment: Bitcoin's price fell by 17.6% in February, marking its worst month in three years, amid rising short interest in crypto stocks and ongoing uncertainties related to tariff policies.
Analyst Views on BTCO
Wall Street analysts forecast BTCO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BTCO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 89.770
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Current: 89.770
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
