Bitcoin (BTC) focused mining companies are getting ready for the spring rally.
Cleanspark, Marathon Digital, and RIOT Platform are among the Bitcoin-focused mining companies preparing for a future spring surge in conjunction with the Bitcoin halving.
The companies predicted that long-term activities will have a high profit margin focusing on the decreased Bitcoin supply after halving. The giant miners, stating that they are ready for the increase in mining difficulty after halving, revealed that they made tens of millions of dollars in equipment investments.
In early January, cryptocurrency mining equipment manufacturer Canaan announced that it received orders for more than 17,000 mining equipment in total.
On the other hand, one day before the Bitcoin halving, the decrease in the amount of Bitcoin in the miners’ stocks did not go unnoticed. Experts, describing it as a spiral, noted that stocks could increase again in the future.
