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