Bitcoin on Nostr: Bitcoin Mining Stocks Outperform Bitcoin Itself Core Scientific has significantly ...
Bitcoin Mining Stocks Outperform Bitcoin Itself
Core Scientific has significantly outperformed Bitcoin itself by capitalizing on its head start post-bankruptcy and making strategic deals.
- Investors see mining stocks as a more advantageous way to gain Bitcoin exposure compared to buying the cryptocurrency directly.
- Core Scientific's deals with CoreWeave and debt restructuring have bolstered its market position, highlighting the dynamic nature of the mining industry.
https://www.axios.com/2024/07/09/core-scientific-bitcoin-miner-performance
Core Scientific has significantly outperformed Bitcoin itself by capitalizing on its head start post-bankruptcy and making strategic deals.
- Investors see mining stocks as a more advantageous way to gain Bitcoin exposure compared to buying the cryptocurrency directly.
- Core Scientific's deals with CoreWeave and debt restructuring have bolstered its market position, highlighting the dynamic nature of the mining industry.
https://www.axios.com/2024/07/09/core-scientific-bitcoin-miner-performance