Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades. Miners Raise Big and Invest Big in Bitcoin Mining 16 publicly traded bitcoin mining companies have raised more than $5 billion in 2024, according to theminermag.com. The report also revealed that Q3 had the biggest property, plant, and equipment […]
Source: https://news.bitcoin.com/bitcoin-miners-raised-over-5-billion-in-2024-with-3-6-billion-spent-on-machines-and-infrastructure/