🔍 **Crypto Miners Hoard Bitcoin Amid Rising Challenges**
- MicroStrategy isn't alone in its bitcoin buying spree! JPMorgan reports that crypto miners are also stockpiling BTC due to profitability pressures from the upcoming reward halving and increased network hashrate.
- Miners like MARA Holdings now own 35,000 BTC, worth $3.5 billion, adopting strategies similar to MicroStrategy's BTC yield.
- Interestingly, even non-tech firms like Semler Scientific are diving into crypto, holding $144 million in BTC.
- With spot bitcoin ETFs in play, miners are turning to debt and equity for funding, raising over $10 billion this year.
💬 What do you think about this trend? Share your thoughts below!