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📉Mining companies' attitudes are quietly changing.
Nasdaq-listed mining company Bitdeer recently disclosed 👇
👉 Mined 185.7 BTC in one week
👉 Sold all 185.7 BTC in the same period
👉 Net position = 0 ❗
Simply put:
👉 Mine as much as you sell, leave no coins behind.
💡 The signals behind this are very direct 👇
⚠️ On the more bearish side:
Mining companies should be "naturally bullish," but now they choose not to hoard coins, indicating they are not aggressively optimistic about short-term market trends.
At the same time, continuous selling also creates a stable selling pressure on the market.
🚀 But there is another interpretation:
👉 This is more like a "cash flow-first" business strategy
👉 In the context of rising costs and increased competition in computing power, surviving first is more important than betting on market trends.
Instead, it shows the industry is moving toward a more mature business logic, rather than simply betting on price increases.
💡 Core point:
👉 Mining companies are shifting from "hoarding coins for a bull market" to "selling coins to maintain cash flow."
This is not bearishness, but more rationality.
One sentence summary:
No longer betting on the future, but surviving in the present—mining companies are also becoming more realistic ⛏️💰