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Bitcoin Miners Embrace MicroStrategy Playbook: The Rise Of BTC Yield Strategies
MSTRMicroStrategy(MSTR) Benzinga·2024-12-12 17:07

It seems Bitcoin BTC/USD miners have found their muse—and it's none other than MicroStrategy Inc MSTR. JPMorgan's Nikolaos Panigirtzoglou reveals that miners are mimicking the tech company's aggressive bitcoin accumulation strategy as they navigate a landscape of dwindling mining rewards and rising competition.The result? A shift in how these digital prospectors approach profitability.MicroStrategy, led by Bitcoin evangelist Michael Saylor, helped start the corporate trend of turning cash flow and leverage ...