July 21, 2024

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Bitcoin continues trading well off its record highs as the latest bear market continues, thanks to a variety of macroeconomic shocks and strains. Bitcoin miners are especially feeling the pain of a depressed market, with hash rate climbing and hash price dropping.

Against this backdrop of doom and gloom, a growing cohort of investors are pooling capital with the intent of lending to or investing in distressed mining teams. Fresh capital injections may be just the solution to help struggling companies survive the bear market. But for others, simply throwing money at a failing venture fixes nothing. This article explores growing investor interest in distressed mining assets and discusses possible outcomes for these investments.



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