Public Bitcoin mining companies plagued with $4B of collective debt

by Aurelia Butler 25 December 2022, 09:00 119 Views

The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines during a subsequent bear market. Bitcoin mining data analytics by Hashrate Index show that just the top 10 Bitcoin mining debtors cumulatively owe over $2.6 billion.

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Source: Cryptocurrency - investing.com

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Public Bitcoin mining companies plagued with $4B of collective debt

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