Bitcoin (BTC) Mining Was Much Less Profitable in August, Jefferies Says
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CoinDesk is a reputable media outlet that specializes in covering the cryptocurrency industry. Our team of journalists adheres to a strict set of editorial policies to deliver accurate and unbiased news to our readers. In November 2023, CoinDesk was acquired by the Bullish group, which also owns Bullish, a regulated digital assets exchange.
The Bullish group, majority-owned by Block.one, is actively involved in various blockchain and digital asset businesses. Both companies hold significant amounts of digital assets, including bitcoin. Despite this acquisition, CoinDesk continues to operate as an independent subsidiary with an editorial committee dedicated to preserving journalistic integrity.
It’s important to note that CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation. This aligns their interests with the success of the company and ensures a strong commitment to delivering high-quality content to our audience.
