According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000 BTC in their accounts. But there’s a catch — these businesses have also taken on a hefty $4.6 billion in debt. Bitcoin Miners Walk Debt Tightrope With 100K BTC in Hand This past Friday, all […]
Source link

Chain Articles > Blog > Bitcoin > Report: Bitcoin Miners Sitting on 100K BTC Fortune — But Owe $4.6B
Report: Bitcoin Miners Sitting on 100K BTC Fortune — But Owe $4.6B
posted on
You Might Also Like
Canary Capital Files for SUI ETF With SEC
Jack DaviesMarch 17, 2025
Canary Capital, a digital asset management firm, filed an application with the U.S. Securities and Exchange Commission (SEC) on March...
David Sacks Sold $200M in Digital Assets Before White House Role
Jack DaviesMarch 17, 2025
David Sacks, the new White House AI and Crypto Czar, sold over $200 million in digital assets and related investments...
OnlyFans Shootout Star Amouranth Crypto Robbery Update: 4 Suspects Thrown in the Slammer
Jack DaviesMarch 17, 2025
Few days following the attempted robbery targeting Twitch and OnlyFans celebrity Amouranth, authorities have apprehended four suspects. These suspects have...
South Korea Dismisses Establishing Strategic Bitcoin Reserve
Jack DaviesMarch 17, 2025
The Bank of Korea (BOK) has dismissed the possibility of establishing a strategic bitcoin reserve, citing concerns over price volatility...