Crypto Miners Hoarding Bitcoins as Price Surges Above $55K
- Date: 07-Oct-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Crypto Miners Hoarding Bitcoins as Price Surges Above $55K
With bitcoin rallying above $55,000 for the first time since May, cryptocurrency miners are holding onto their newly minted currencies to bolster their balance sheets.
Recent monthly production updates from crypto miners such as Riot Blockchain and Marathon Digital Holdings show that they have kept their mined bitcoins during September, when prices hovered around $40,000.
Select Sector 
Select Country 
