Another Bitcoin Miner Adopts MicroStrategy (MSTR) Playbook of Buying BTC in Open Market

“Indeed, nine of the 10 largest (by market capitalization) publicly listed bitcoin mining companies hold less bitcoin per share today than they did three years ago. And as a bitcoin miner ourselves, Cathedra has not fared better by this metric. Meanwhile, other listed companies have adopted an explicit policy of increasing bitcoin per share, most notably MicroStrategy (NASDAQ: MSTR), and have been rewarded by equity markets,” Cathedra wrote.

Source: https://www.coindesk.com/business/2024/09/16/another-bitcoin-miner-adopts-microstrategys-playbook-of-buying-btc-in-open-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines