JPMorgan: Bitcoin Mining Profitability Soars in May, Driving Market Growth

JPMorgan Chase analysts have reported a significant increase in Bitcoin mining profitability during May 2025. This surge has led to a notable rise in market value for 13 US-listed mining companies, with an overall 19% increase observed. The report highlights record-high miner revenue, fueled by growing DeFi applications and increasing institutional investments. These favorable trends may impact investment strategies and operational decisions within the cryptocurrency sector.