🚀 Marathon Digital sticks to Bitcoin, a big bet by mining giants? 🚀
Hello everyone! Today we are going to talk about the news about Bitcoin mining giant Marathon Digital. In recent months, Bitcoin miners have generally "surrendered and sold", but Marathon Digital has sat on the Diaoyutai, and did not sell a single Bitcoin in June! What is this strategy? It turns out that their goal and strategy is to hoard more Bitcoin. The current holdings have reached 18,536, with a market value of more than $1.1 billion!
🤔 But why are they not showing any emotion when other miners are selling? This is like the big waves in the investment market. Only strong companies can stand firm in the fluctuations. Marathon Digital is like a far-sighted chess player, constantly adding positions when the market sells off, seemingly preparing to make a big move after the market reshuffle.
💡 Don't forget that the Bitcoin mining market is a cruel arena. Those small mining companies that rely on borrowing money to buy mining machines may face operational bankruptcy once the price of Bitcoin falls. Large companies like Marathon have strong financial strength and can not only withstand fluctuations, but can even suppress or even eliminate competitors through a round of selling pressure. Such actions are also called industry reshuffles.
📉 So, the same is true in the investment market. Don't think that when the market comes, you can easily make a lot of money by taking out loans and increasing leverage. Market fluctuations are ruthless, and high leverage also means high risks. If you want to laugh to the end in the investment market, you still have to rely on a stable strategy and a cool head. Stay rational and don't be greedy!
