When the crypto market wobbles, some bitcoin mining companies manage to come out on top. In May 2025, despite a tense consolidation phase for BTC, mining companies recorded their highest monthly revenues since the April 2024 halving. This remarkable result was achieved in a context of technical correction, where caution dominates trading. This resurgence in profitability, driven solely by the valuation of bitcoin, highlights the underlying tensions of an increasingly price-dependent model.