And the AI camp is winning so far
$BTBT jumped up 13% on Tuesday after the market opened
Argo, Stronghold, and Bit Digital reported larger realized hashrate decline in May than bitcoin's network average
Also updating the price-hash ratio of mining pubcos
But numbers for Q2 will likely be much lower
Six public mining companies have raised over $1 billion in Q1 so far
Fundraise plan comes weeks after Bitdeer announced proprietary bitcoin ASIC chip
It appears to be the first time that Jane Street reports ownership of more than 5% of Marathon's outstanding shares.
But they are yet to reach 52-week highs, underperforming bitcoin over the past few months.