Nishant Sharma, founder of BlocksBridge Consulting, a research and communications firm dedicated to the mining industry, agrees with Marathon’s BTC accumulation strategy. “With bitcoin mining hashprice at record lows, companies must either diversify into non-crypto revenue streams like [artificial intelligence or high-performance computing] or double down on bitcoin to capture investor excitement around an anticipated crypto bull market, similar to MicroStrategy’s approach,” he said.
Related posts
-
Survival of the healthiest: Creating a successful crypto
Disclosure: The views and opinions expressed here belong solely to the author and do not represent... -
Allianz Insurance buys nearly 25% of MicroStrategy’s bonds
German insurance behemoth Allianz Insurance purchases nearly 25% of MicroStrategy’s convertible note offerings valid until 2031.... -
Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’
Mad Money host Jim Cramer has picked bitcoin over Microstrategy’s stock (MSTR), calling the cryptocurrency “a...