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Bitcoin (BTC) focused mining companies are preparing for a spring rally.

Companies including Cleanspark, Marathon, Digital, and RIOT are gearing up for a potential spring surge following the Bitcoin halving event.

The companies expect high long-term profit margins due to the reduction in Bitcoin supply post-halving, and have invested millions in mining equipment to prepare for the anticipated increase in mining difficulty. Canaan, a crypto mining equipment manufacturer, recently announced orders for more than 17,000 mining devices in January.

Just one day before the Bitcoin halving, there was a noticeable decrease in the amount of Bitcoin in miners’ inventory. Experts have suggested that this could be a recurring cycle, indicating that inventories may increase again in the near future.

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