📢Odaily Planet Daily News! 10x Research pointed out in its latest strategic report that the Bitcoin mining war is in full swing, and Bitfarms may be the main beneficiary of industry consolidation. Since the report was released, Bitfarms' stock price has soared 25%! 🚀Other popular mining stocks such as Bitdeer are not to be outdone, rising 61%. All of this was achieved in just two weeks! 🎉

However, 10x Research still advises investors to remain cautious. Although Bitcoin has fallen slightly by 1% in these two weeks and failed to break through the resistance level of $71,946, they prefer to invest in Bitcoin's potential bullish trend. 🧐

In addition, although MicroStrategy announced that it intends to issue $500 million in convertible senior notes privately to purchase more Bitcoin, the market reaction was relatively calm. This is very different from the fourth quarter of 2023 and the first quarter of 2024, when these news led to a significant increase in retail speculation and an increase in funding rates. 📈

In general, the dynamics of the Bitcoin market are still worth our close attention! 🔍