Bitcoin Notches Record Week, Miner Stock Reratings + Bit Digital & Soluna Earnings Analysis

Bitcoin hits its highest weekly close ever at $106,500 while miners face continued profitability challenges, highlighting the growing pivot from traditional mining to HPC operations. • Bitcoin shows resilience following US credit rating downgrade by Moody's • Bit Digital reports Q1 earnings with Bitcoin mining now only 31% of total revenue, down from 72% last year • HPC client base for BitDigital expanded from 1 to 23 clients in one year • Core Scientific begins receiving HPC revenue in May ...