Published on 8 Jan 2025 on Benzinga
US Bitcoin Miners Hoard Apex Crypto To Shield Against Rising Expenses — MARA,...
Leading Bitcoin BTC/USD miners in the U.S. are accumulating BTC as a buffer against growing competition and narrowing profit margins.
What Happened: Firms including MARA Holdings Inc. MARA, Riot Platforms Inc. RIOT, and CleanSpark Inc. CLSK have leveraged Bitcoin’s soaring price, which hit $100,000 last month, to raise over $3.7 billion since November, according to a Financial Times report on Monday.