U.S. Bitcoin Miners Accumulate Cryptocurrency Amid Tight Margins and Competition
Bitcoin miners in the U.S. are accumulating cryptocurrency to cope with narrow profit margins and increasing competition for resources, according to a report from the Financial Times. Companies like Marathon Digital, Riot Platforms, and CleanSpark have raised over $3.7 billion since November 2024 by issuing zero- or near-zero-coupon convertible bonds, ...