Bitcoin Mining Companies Need to Better Manage Risk

Crypto Mining and Staking Firm Foundry Buys Some of Troubled Bitcoin Miner Compute North's Assets

The strategy many miners have used to manage treasuries up until this point has been relatively simple: buy and hold bitcoin. In other words, hope and pray. With price models often assuming an average of ~2% spot growth per month, and a price floor near the current average production cost between $18,000 and $22,000. Clearly those assumptions have not held true.

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