Investors·2026-03-03 21:36Core Insights - Bitcoin miners experienced significant declines following disappointing earnings reports from Riot Platforms and Core Scientific, with Riot posting a wider-than-expected loss and Core Scientific planning to sell most of its bitcoin holdings to improve liquidity [1][1][1] - Bitcoin's price remained relatively stable at around $67,900, having increased by 6.3% over the past week, but still trading well below its all-time high of approximately $126,200 from October [1][1][1] Company Performance - Riot Platforms (RIOT) and Marathon Digital Holdings (MARA) both saw their stock prices drop by about 7% and 8.4% respectively after their earnings reports, while Core Scientific (CORZ) also retreated more than 7% [1][1][1] - MARA announced plans to opportunistically monetize bitcoin to enhance financial flexibility, while also forming a strategic partnership with Starwood Capital Group to develop AI-capable digital infrastructure [1][1][1] Market Activity - Chainalysis reported a sharp increase in crypto outflows from Iranian exchanges, with over $10.3 million in outflows recorded between February 28 and March 2, indicating a response to the ongoing military operations by the U.S. and Israel [1][1][1] - The Iranian crypto ecosystem is valued at approximately $7.8 billion, and the spike in outflows may be attributed to individuals moving funds to personal wallets or state actors withdrawing assets [1][1][1]