On March 21, 2025, Bitcoin mining stocks saw declines despite the SEC’s clarification. Leading firms like Marathon Digital Holdings (MARA) and CleanSpark (CLSK) faced losses, with MARA down around 1.5% and CLSK losing 4.5%, indicating a troubling trend in the market.

Investors remain cautious as Bitcoin and Dogecoin prices continue to slide, falling by 0.1% and 1.1% respectively. Additionally, recent reports from JP Morgan indicate over 23 billion USD has been lost in market capitalization from Bitcoin miners in the previous month.