Crypto Biz: Bitcoin Miners Revamp Strategies, Etherscan-Solscan Deal, and More

With THE probability of institutional capital flow In THE Bitcoin ecosystem through ETFs, companies And executives are rethink business strategies For 2024.

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With THE perspective of institutional capital flow In THE Bitcoin ecosystem through exchange traded funds (AND F), companies And executives are redesign their business strategies For 2024.

Bitcoin mining business CleanSpark, For example, has disclosed plans For A internally trade desk, which means he will to have It is own team manager And trade It is big Bitcoin (BTC) assets instead of count on external brokers Or financial businesses.

THE approach could reduce THE costs partner with trade while encouraging more minors has together up trade offices And capitalize on their assets. Marathon Digital Assets used A similar strategy with crypto derivatives, mostly sale BTC call options, according to has Bloomberg.

Another business while searching has capitalize on THE Bitcoin threshing East MicroStrategy. THE farm has has been loading up It is BTC reserves, even leading a few analysts has label It is action as "basically A leverage Bitcoin AND F. »

Next to Since THE growth anticipation For A Bitcoin ETFs In THE United States, This weeks Cryptocurrency Business Also explore THE Etherscan-Solscan agreement, Bitcoin ATMs in decline, And THE the biggest winners And losers among crypto entrepreneurs of 2023.

Bitcoin minor CleanSpark has launch internally trade desk: Report

United State-based Bitcoin minor CleanSpark plans has together up A internally trade desk Sometimes In 2024 has maximize Back Since It is BTC assets. According to has THE the company CEO Zechariah Bradford, CleanSpark will to use It is "big Bitcoin" balance of 2,575 BTC, which East value around $116 million has current prices. THE business plans has TO DO strategies base on regulated crypto ...