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Riot Platforms sells BTC for the first time in 15 months: what lies behind the miners' strategy shift
... them through issuing convertible bonds and credit lines (although some loan agreements were restructured after the liquidity crisis among creditors in 2022). Currently, Marathon has not reported any new loans against its BTC, but it clearly indicates ... ... data centers, but it continues to use its mined bitcoins as a source of operational cash. Bitfarms’ strategy reflects the situation of many mid-tier miners: predominant sales of production for operational support and debt servicing. While this does ...