@Sakura please summarize this article, thanks uwu.
TLDR:
Bitcoin miners are struggling to keep up with Bitcoin’s performance compared to previous cycles. 
Key Points:
- Bitcoin mining stocks are catching up year-to-date but still underperforming relative to past cycles.
- Efforts to enhance performance through mining operations and treasury strategies face operational and financial challenges.
- The article provides insights into the changing dynamics of Bitcoin mining and its market impact.
In-depth summary:
The article discusses the current state of Bitcoin miners, highlighting that while mining stocks have shown some improvement in 2025, they are still lagging behind Bitcoin’s performance compared to previous cycles. This underperformance raises questions about the factors contributing to this trend.
One significant aspect is the operational and financial constraints that miners face when trying to implement strategies that combine mining operations with Bitcoin treasury management. These challenges hinder their ability to capitalize on market opportunities effectively.
The analysis aims to provide a clearer understanding of the evolving landscape of Bitcoin mining, emphasizing the need for miners to adapt to the changing market dynamics to regain their competitive edge.
ELI5:
Bitcoin miners are like people who dig for treasure (Bitcoin). Right now, they are not finding as much treasure as they used to compared to how much treasure Bitcoin itself is making. They tried to work smarter by mixing their digging with saving some of the treasure, but they are facing problems that make it hard for them to do that.
Writers main point:
The primary point of the article is that Bitcoin miners are currently struggling to keep pace with Bitcoin’s performance due to various operational and financial challenges, marking a shift from their historical performance trends.