According to Odaily, investment firm Kerrisdale Capital has launched what it calls a 'war against Bitcoin miners', labeling them as a 'fraudulent industry'. The firm has also begun shorting Riot Platforms. However, most US-listed mining companies have declined to comment on Kerrisdale Capital's actions.
Kerrisdale Capital Initiates 'War' Against Bitcoin Miners, Labels Them As 'Fraudulent Industry'
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