John Glover, the chief investment officer at Ledn, a bitcoin lending firm, said bitcoin mining companies should hold the bitcoins they mine and use them as collateral for fiat loans to cover operating expenses, rather than selling bitcoins, thus losing the upside of an asset that miners expect prices to skyrocket.
Glover said that holding BTC has many advantages, including price appreciation, tax deferral, and generating additional income by lending BTC held in corporate bonds.
Lendn executive: Bitcoin miners should hold the bitcoins they mine
2025-05-03 20:57:03
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