Odaily Planet Daily News 10x Research said in its strategic report "Bitcoin Mining Wars Intensify - How to Participate?" that it believes Bitfarms is the main beneficiary of the continued consolidation in the Bitcoin mining industry. Since the release of the report, Bitfarms's stock price has soared 25%. Other popular mining stocks, such as Bitdeer (up 61%), have also performed well, and all of them were achieved within two weeks. However, it still advises investors to proceed with caution. Bitcoin fell slightly by 1% in these two weeks and failed to break through the resistance level of $71,946. Although crypto mining stocks (such as Bitfarms) may rise further, it is more inclined to invest in Bitcoin's potential bullish trend. This is not the case at present, and the self-reinforcing Bitcoin mechanism has generated less liquidity in February/March. Despite MicroStrategy’s announcement that it plans to privately issue $500 million in convertible senior notes to purchase more Bitcoin, the market reaction was relatively calm—a stark contrast to the fourth quarter of 2023 and the first quarter of 2024, when the news led to a significant increase in retail speculation, higher funding rates, and more.