Largest US Bitcoin miner dumps entire BTC stash as margin pressure intensifies
Bitdeer, the largest Bitcoin mining company by hashrate, wiped its BTC ledger clean this week. Its corporate Bitcoin treasury now shows 0 BTC as the company sold 189.8 newly mined BTC and pulled 943.1 BTC from reserves. A mining business usually carries Bitcoin like pressure in a pipe, some flows out as revenue, some stays […]
The post Largest US Bitcoin miner dumps entire BTC stash as margin pressure intensifies appeared first on CryptoSlate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Northrop Grumman Shares: Is NOC Surpassing the Performance of the Industrial Sector?
Spot Bitcoin ETFs Record $787 Million Inflows, End 5-Weeks Of Consecutive Outlows
Analyst Says 99% of XRP Investors Will Lose Everything. Here’s why
Wanchain Bridges $163M to Cardano, Fueling $80M in Inflows and a DeFi Revival
Trending news
MoreCrypto prices
More
