The tweet was deleted by the author.
But we saved everything 🙂.
Spot rally and record miner exit reshape bitcoin mining, matthew sigel notes
matthew sigel highlights recent trends in the bitcoin market, noting a spot price rally occurring without leverage involvement.
He also points out that hashrate drawdown has reached a record level, with U.S. public miners leaving and sovereign entities inheriting their positions.
Earlier this week, Sigel reported that LGN shares rose 10 percent after the company posted strong EPS and a 104 percent jump in revenue, also increasing its full-year EBITDA guidance here. He also covered HIVE’s $46 million land purchase for a planned 320MW AI facility in Toronto, with a planned investment of CAD $3.5 billion here. Both updates highlight recent developments in the crypto and technology sectors.
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