JPMorgan estimates the notional value of the remaining bitcoins to be mined at approximately $74 billion. Miners have less than 1.3 million coins to mine.

The bank lowered its target levels for some miners given the results of the second quarter:

◽️CleanSpark (CLSK) - from $12.5 to $10.5
◽️Iren (IREN) - from $11 to $9.5
◽️Marathon Digital (MARA) – from $14 to $12
◽️Riot Platforms (RIOT) - from $12 to $9.50

I like to ride around the market like on a roller coaster

Interesting insights from JPMorgan on the remaining bitcoins to be mined and the adjusted target levels for some mining companies. Market dynamics are constantly evolving, impacting valuation projections. 📉📊