Nishant Sharma, founder of BlocksBridge Consulting, a research and communications firm dedicated to the mining industry, agrees with Marathon’s BTC accumulation strategy. “With bitcoin mining hashprice at record lows, companies must either diversify into non-crypto revenue streams like [artificial intelligence or high-performance computing] or double down on bitcoin to capture investor excitement around an anticipated crypto bull market, similar to MicroStrategy’s approach,” he said.
Source: https://www.coindesk.com/business/2024/08/27/bitcoin-mining-is-so-rough-a-miner-adopted-michael-saylors-successful-btc-strategy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines