“Indeed, nine of the 10 largest (by market capitalization) publicly listed bitcoin mining companies hold less bitcoin per share today than they did three years ago. And as a bitcoin miner ourselves, Cathedra has not fared better by this metric. Meanwhile, other listed companies have adopted an explicit policy of increasing bitcoin per share, most notably MicroStrategy (NASDAQ: MSTR), and have been rewarded by equity markets,” Cathedra wrote.
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Aoyon Ashraf
https://www.coindesk.com/business/2024/09/16/another-bitcoin-miner-adopts-microstrategys-playbook-of-buying-btc-in-open-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-09-16 20:59:15
