📰 #CryptoNews: The financial situation of Bitcoin mining companies is changing! 💰

- After the 2022 crypto winter, many BTC mining companies went bankrupt due to debt. But from Q4 2023, they turned to issuing shares to raise capital.

- From Q3 2023 to Q2 2024, companies raised more than $4.9 billion, up 300% compared to the previous three quarters.

Many companies such as TeraWulf, Iris Energy, Hut 8, Core Scientific and Hive are expanding into HPC and AI, helping to increase their stock value.

- Marathon Digital chooses a Bitcoin "hodl" strategy, buying another $100 million in BTC, but is met with skepticism from investors.

What do you think about this strategy? Comment below! 👇#Bitcoin#Blockchain#Crypto#Finance#Tech#HPC #AI