Another Bitcoin Miner Adopts MicroStrategy MSTR Playbook of Buying BTC - Coin Index News

Another Bitcoin Miner Adopts MicroStrategy (MSTR) Playbook of Buying BTC in Open Market

Carmen Brooke Martin September 16, 2024

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According to recent data, nine out of the top 10 publicly listed bitcoin mining companies have seen a decrease in their bitcoin holdings per share over the past three years. This includes Cathedra, a bitcoin miner that has also experienced a decline in this metric.

In contrast, some companies like MicroStrategy (NASDAQ: MSTR) have actively increased their bitcoin holdings per share and have been rewarded by the equity markets for doing so.

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Carmen Brooke Martin September 16, 2024

0 0 Less than a minute

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry.What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content.As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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