2023
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š Infrastructure #Attacks accounted for nearly 60% of the total amount stolen in #2023 š
The most damaging type is a #privatekey theft or #SeedPhrase compromise š
The most damaging type is a #privatekey theft or #SeedPhrase compromise š
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Polygon (MATIC) stands out as a promising cryptocurrency to watch in 2023. Born as a secondary layer protocol for Ethereum, Polygon evolved by developing its own blockchain, providing a fast, cost-effective and secure network.
What makes Polygon particularly attractive is its ability to operate both with and against Ethereum. This duality allows it to support ambitious projects in Web3, such as the decentralized social network Lens Protocol and collaborations with Instagram and Disney for NFTs.
With its cutting-edge technology and unique position, Polygon positions itself as a key player for the future of blockchain and Web3. For investors looking for promising cryptos beyond the big names, MATIC offers an exciting opportunity in the rapidly evolving crypto space.
$MATIC #web3 #matic #2023
What makes Polygon particularly attractive is its ability to operate both with and against Ethereum. This duality allows it to support ambitious projects in Web3, such as the decentralized social network Lens Protocol and collaborations with Instagram and Disney for NFTs.
With its cutting-edge technology and unique position, Polygon positions itself as a key player for the future of blockchain and Web3. For investors looking for promising cryptos beyond the big names, MATIC offers an exciting opportunity in the rapidly evolving crypto space.
$MATIC #web3 #matic #2023
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$ENA From now on, I will reveal the accounts of all the brainless and mentally retarded people who say that it will be released today. The brainless people who have never been able to achieve anything in life are causing losses to many people by writing here. While #btc and #Binance are making money, #ETH are making people bankrupt with the alt coins they issued. He is a fool who says that he derives the money he gave to the rich in #2023 from ideas in #2024 and that there will be 3-5 ambassadors for this...
Let's destroy them by exposing and complaining so that real analysts can help everyone...
Let's destroy them by exposing and complaining so that real analysts can help everyone...
Hong Kong is poised to become a leading hub for cryptocurrency exchange-traded funds. #HongKongDAO #crypto #hub #2023 #CryptoHub
Over $300M in stolen crypto assets reached Bitcoin mixers in 2023
Data analyzed by CertiK shows that more than $300 million in the stolen proceeds from 50 of the largest exploits of 2023 ended up in Bitcoin, as hackers try to find other places to move their ill-gotten gains after the increased regulatory scrutiny toward Tornado Cash.Ā Crypto mixers are protocols that are used to keep crypto transactions private. The tool mixes potentially identifiable funds with vast sums of other funds to anonymize transfers between wallet addresses. #CryptoSurgeTrend to #News s #bitcoin #2023
$BTC #Bitcoin User Unwittingly Pays $3.1 Million in Single Transaction Fee
Your Premier Source for Crypto News: The Blockopedia
Stay ahead in the cryptocurrency market with The Blockopedia. From unexpected events to market trends, we provide comprehensive coverage and expert analysis. Don't miss out on the crucial insights needed for your crypto journey.
An Unprecedented Bitcoin Fee Error
A bitcoin user has faced an expensive error by
paying a fee of 83.65 BTC, worth $3.1 million, in a
single transaction. This misstep, recorded in
block 818,087 mined by Antpool, is now the
largest fee ever in Bitcoin's history. What are the
lessons to be learned from this costly mistake?
#BTC #crypto2023A #2023 #crypto2025
Your Premier Source for Crypto News: The Blockopedia
Stay ahead in the cryptocurrency market with The Blockopedia. From unexpected events to market trends, we provide comprehensive coverage and expert analysis. Don't miss out on the crucial insights needed for your crypto journey.
An Unprecedented Bitcoin Fee Error
A bitcoin user has faced an expensive error by
paying a fee of 83.65 BTC, worth $3.1 million, in a
single transaction. This misstep, recorded in
block 818,087 mined by Antpool, is now the
largest fee ever in Bitcoin's history. What are the
lessons to be learned from this costly mistake?
#BTC #crypto2023A #2023 #crypto2025
#2023 with binance
AnthonyCarr
--
#2023withBinance #BinanceTurnament @AnthonyCarr $BTC $XRP $ACE
š New Peak of Withdrawals on Bitcoin Exchanges
Last Wednesday, major cryptocurrency exchanges witnessed a significant increase in Bitcoin withdrawals. More than 28,000 BTC were withdrawn in a single day, highlighting an emerging trend among investors.
šļø Last Week of December: Record Withdrawals in 2023
At the close of 2023, exchanges experienced the highest number of Bitcoin withdrawals of the year. December 27 was especially notable, with users withdrawing up to 28,000 BTC to their personal wallets.
š Consolidated Trend: Impact on Exchanges and Coinbase
This upward trend in withdrawals was consolidated throughout December. Coinbase, one of the most prominent exchanges, recorded an outflow of more than 14,000 BTC in a single day, marking its lowest bitcoin reserve in the entire year.
š¦ Coinbase as Custodian: Link with Bitcoin ETF
Interest is focused on Coinbase as it could become the custodian of Bitcoin spot ETFs. This move could be related to the decline in bitcoin reserves on the platform, suggesting a change in investment strategy.
ā³ Expectations before the SEC Decision: Bitcoin Spot ETF
The US Securities and Exchange Commission (SEC) will make a key decision on approving spot bitcoin ETFs in early January. This event has the potential to significantly alter the value of Bitcoin and the flow of capital in the market.
š„Investors Anticipating Market Events: Focus on Bitcoin Custody
The interpretation of these BTC withdrawals suggests that investors are looking to safeguard and save their coins for the long term. This behavior reflects an optimistic belief in future Bitcoin bullish movements.
š Analyst-Backed Theory: Bullish Bitcoin Outlook
Prominent analysts such as Raoul Pal support the theory that Bitcoin is in the early phases of a bull market.
š New Peak of Withdrawals on Bitcoin Exchanges
Last Wednesday, major cryptocurrency exchanges witnessed a significant increase in Bitcoin withdrawals. More than 28,000 BTC were withdrawn in a single day, highlighting an emerging trend among investors.
šļø Last Week of December: Record Withdrawals in 2023
At the close of 2023, exchanges experienced the highest number of Bitcoin withdrawals of the year. December 27 was especially notable, with users withdrawing up to 28,000 BTC to their personal wallets.
š Consolidated Trend: Impact on Exchanges and Coinbase
This upward trend in withdrawals was consolidated throughout December. Coinbase, one of the most prominent exchanges, recorded an outflow of more than 14,000 BTC in a single day, marking its lowest bitcoin reserve in the entire year.
š¦ Coinbase as Custodian: Link with Bitcoin ETF
Interest is focused on Coinbase as it could become the custodian of Bitcoin spot ETFs. This move could be related to the decline in bitcoin reserves on the platform, suggesting a change in investment strategy.
ā³ Expectations before the SEC Decision: Bitcoin Spot ETF
The US Securities and Exchange Commission (SEC) will make a key decision on approving spot bitcoin ETFs in early January. This event has the potential to significantly alter the value of Bitcoin and the flow of capital in the market.
š„Investors Anticipating Market Events: Focus on Bitcoin Custody
The interpretation of these BTC withdrawals suggests that investors are looking to safeguard and save their coins for the long term. This behavior reflects an optimistic belief in future Bitcoin bullish movements.
š Analyst-Backed Theory: Bullish Bitcoin Outlook
Prominent analysts such as Raoul Pal support the theory that Bitcoin is in the early phases of a bull market.
#CryptoNews #POSTOFTHEDAY
#2023
#SNT Is the top gainer with 100%
$SNT is an #ETH token SNT is anĀ Ethereum tokenĀ that powers Status Network, a secure messaging app, crypto wallet, and web3 browser.
SNT is used to reward network validators and is required for certain actions such as registering user names, and voting on the future of the network
founder of $SNT Jarrad Hope and Carl Benetts
In 2017
SNT went live In the summer of 2017, at a cost ofĀ $0.05.
For the remainder of the year, the utility coin held steady at that price.
But at the start of the following year, it had its largest bounce to date.
In 2018 ā 2019
On January 4th, 2018, SNTās price soared to its ATH ofĀ $0.67.
After the price spike, SNT fell sharply; by early February, it had fallen belowĀ $0.20.
The following month, the token dropped under theĀ $0.10Ā level.
In April, SNT experienced a modest uptick after announcing a new initiative called Status Incubate.
SNT increased on April 29 toĀ $0.17.
The year 2019 however turned out to be worse as the token ended the year atĀ $0.009.
IN 2020
The utility tokenās downward trend persisted. It reached an all-time low ofĀ $0.006Ā on March 13th, 2020.
The value of SNT revolved aroundĀ $0.02Ā toĀ $0.03Ā for the rest of the year.
In 2021
2021 was a comparatively better year for SNT. This came after the team released a quarterly report detailing significant accomplishments.
On February 10th, SNT crossedĀ $0.10Ā for the very first time after 2018.
Over the ensuing months, the utility tokenās price increased further. Following its desktop beta upgrade, SNT hit its peak ofĀ $0.27Ā on April 15th.
SNT plummeted after reaching a high ofĀ $0.21Ā on May 6th and hasnāt risen above it since.
After plunging to levels aroundĀ $0.05Ā in June. In September, it succeeded in briefly surpassingĀ $0.10.
However, it kept declining, falling to less thanĀ $0.10Ā in December.
Total supply 6.80B $SNT
SNT has a circulating supply of 3.96B coins and a max supply ofĀ 6.80B SNT
#2023
#SNT Is the top gainer with 100%
$SNT is an #ETH token SNT is anĀ Ethereum tokenĀ that powers Status Network, a secure messaging app, crypto wallet, and web3 browser.
SNT is used to reward network validators and is required for certain actions such as registering user names, and voting on the future of the network
founder of $SNT Jarrad Hope and Carl Benetts
In 2017
SNT went live In the summer of 2017, at a cost ofĀ $0.05.
For the remainder of the year, the utility coin held steady at that price.
But at the start of the following year, it had its largest bounce to date.
In 2018 ā 2019
On January 4th, 2018, SNTās price soared to its ATH ofĀ $0.67.
After the price spike, SNT fell sharply; by early February, it had fallen belowĀ $0.20.
The following month, the token dropped under theĀ $0.10Ā level.
In April, SNT experienced a modest uptick after announcing a new initiative called Status Incubate.
SNT increased on April 29 toĀ $0.17.
The year 2019 however turned out to be worse as the token ended the year atĀ $0.009.
IN 2020
The utility tokenās downward trend persisted. It reached an all-time low ofĀ $0.006Ā on March 13th, 2020.
The value of SNT revolved aroundĀ $0.02Ā toĀ $0.03Ā for the rest of the year.
In 2021
2021 was a comparatively better year for SNT. This came after the team released a quarterly report detailing significant accomplishments.
On February 10th, SNT crossedĀ $0.10Ā for the very first time after 2018.
Over the ensuing months, the utility tokenās price increased further. Following its desktop beta upgrade, SNT hit its peak ofĀ $0.27Ā on April 15th.
SNT plummeted after reaching a high ofĀ $0.21Ā on May 6th and hasnāt risen above it since.
After plunging to levels aroundĀ $0.05Ā in June. In September, it succeeded in briefly surpassingĀ $0.10.
However, it kept declining, falling to less thanĀ $0.10Ā in December.
Total supply 6.80B $SNT
SNT has a circulating supply of 3.96B coins and a max supply ofĀ 6.80B SNT
Cathie Woodās Ark Invest Sells off Entire GBTC Holdings, Allocates $100 Million to Bitcoin Futures ETF BITO. #crypto #2023 #cathiewood #arkinvest #btc
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Any currency offered for circulation, whether new or old, will fall or rise
But in the end, you rise to a certain number and the price stabilizes, and then you rise and fall, and rise and fall, and then you rise and the price stabilizes, and so on.
How much was the #btc coin for trading? How much was the #BNB coin? How much was #ETH ? Who remembers currency prices in the year #2023 ?
The bottom line from the topic is that currencies' future is the rise and rise in prices, regardless of the events in the world. The change in prices due to a specific event is just a temporary change. Therefore, if you put, for example, $100 in a specific currency, for example #PEPE , and forget it until the second year, 100% sure, you will get profits of approximately $100 without... Trade without headache or loss
In the month of Ramadan, the price of the pepe currency was around 0.0000400
Within three months, it increased by 200%.
So put your money down, go to sleep, and forget about it, and everything is possible in the world of digital currencies. You can get 100 thousand dollars in profits, and you can get 100 dollars in profits from the same capital.
And your safety....
But in the end, you rise to a certain number and the price stabilizes, and then you rise and fall, and rise and fall, and then you rise and the price stabilizes, and so on.
How much was the #btc coin for trading? How much was the #BNB coin? How much was #ETH ? Who remembers currency prices in the year #2023 ?
The bottom line from the topic is that currencies' future is the rise and rise in prices, regardless of the events in the world. The change in prices due to a specific event is just a temporary change. Therefore, if you put, for example, $100 in a specific currency, for example #PEPE , and forget it until the second year, 100% sure, you will get profits of approximately $100 without... Trade without headache or loss
In the month of Ramadan, the price of the pepe currency was around 0.0000400
Within three months, it increased by 200%.
So put your money down, go to sleep, and forget about it, and everything is possible in the world of digital currencies. You can get 100 thousand dollars in profits, and you can get 100 dollars in profits from the same capital.
And your safety....
Binance Blockchain Week 2023: Uniting the Global Crypto and Blockchain Communities in Istanbul, Turkey
The recent Binance Blockchain Week held in Istanbul demonstrated the growing strength of the Web3 ecosystem, regardless of cryptocurrency price fluctuations. The event attracted leading players from the crypto industry, including Trust Wallet, the decentralized Web3 wallet provider that was acquired by Binance in 2018. Despite being known as "the wallet arm of Binance," Trust Wallet surprised attendees by announcing its own Web3 wallet. Trust Wallet CEO Eowyn Chen clarified that while Binance focuses on the centralized ecosystem, Trust Wallet is committed to the decentralized ecosystem and maintains neutrality in its partnerships within the crypto industry. Chen highlighted the importance of education in preventing scams and fraud in the Web3 space and emphasized that security vulnerabilities must be addressed to enhance the user experience. She also stressed the significance of trust in retaining users in the Web3 industry, which is underpinned by open competition. Chen expressed belief in the potential of blockchain as a universal value transfer system and the value of non-fungible tokens (NFTs) in providing broader access and ownership.
#BinanceBlockchainWeek #2023 #CryptoNewsšš°š«
Remember : generous contributions support our mission, enabling us to work diligently and provide you with the best investment advice. Your tips are instrumental in enhancing our efforts to serve you better.
The recent Binance Blockchain Week held in Istanbul demonstrated the growing strength of the Web3 ecosystem, regardless of cryptocurrency price fluctuations. The event attracted leading players from the crypto industry, including Trust Wallet, the decentralized Web3 wallet provider that was acquired by Binance in 2018. Despite being known as "the wallet arm of Binance," Trust Wallet surprised attendees by announcing its own Web3 wallet. Trust Wallet CEO Eowyn Chen clarified that while Binance focuses on the centralized ecosystem, Trust Wallet is committed to the decentralized ecosystem and maintains neutrality in its partnerships within the crypto industry. Chen highlighted the importance of education in preventing scams and fraud in the Web3 space and emphasized that security vulnerabilities must be addressed to enhance the user experience. She also stressed the significance of trust in retaining users in the Web3 industry, which is underpinned by open competition. Chen expressed belief in the potential of blockchain as a universal value transfer system and the value of non-fungible tokens (NFTs) in providing broader access and ownership.
#BinanceBlockchainWeek #2023 #CryptoNewsšš°š«
Remember : generous contributions support our mission, enabling us to work diligently and provide you with the best investment advice. Your tips are instrumental in enhancing our efforts to serve you better.
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No storm lasts forever,
No correction #bitcoin lasts forever, on average, from January #2023 until now, corrections have lasted between 15 days and 90 days! The final stage of a major correction is called surrender! The end of the storm is coming soon! Patience š Keep your head up, you are not alone in the world! #Binance
#Web3
#USDT
No correction #bitcoin lasts forever, on average, from January #2023 until now, corrections have lasted between 15 days and 90 days! The final stage of a major correction is called surrender! The end of the storm is coming soon! Patience š Keep your head up, you are not alone in the world! #Binance
#Web3
#USDT
HAPPY NEW YEAR BINANCERS
#2023 #2024 #newyear #binance #newyear2024 #binance2024 #btc2024 #gala2024 #sats2024 #tlm2024
#2023 #2024 #newyear #binance #newyear2024 #binance2024 #btc2024 #gala2024 #sats2024 #tlm2024
Exploring the Pinnacle of Scientific Achievement in 2023. š§²š§Ŗš§«š§¬ššš©š»āš¬š¬šš„¼
In 2023, Science magazine highlighted remarkable scientific breakthroughs across domains, showcasing groundbreaking advancements that captivated the scientific community.
1. Revolutionary Weight Loss Drugs:
New GLP-1 mimicking drugs combat obesity, showing unexpected heart benefits.
2. Global Warming's Unforeseen Effect:
Antarctica's carbon pump slowdown raises concerns about accelerated global warming.
3. Hydrogen as a Green Fuel:
Mali's sustainable hydrogen source promises cleaner energy with minimal environmental impact.
4. AI's Advancement in Weather Prediction:
Google DeepMind's GraphCast AI outperforms traditional weather prediction systems, shaping the future of forecasting.
5. Malaria Prevention Advances:
WHO approves R21/Matrix-M vaccine for general use, marking a significant step in malaria prevention.
6. Progress in Alzheimer's Treatment:
"Donanemab" and "Lecanemab" drugs show promise in slowing Alzheimer's progression, with lingering questions on long-term efficacy.
7. Archaeological Discovery Through Gravitational Waves:
Shock waves from merging supermassive black holes hint at human presence in the Americas 5,000 years earlier than thought.
8. Academic Strikes Shape U.S. History:
University of California's academic strike leads to significant pay increases, showcasing the power of collective action in academia.
9. Exascale Computing Unveiled:
Frontier computer at Oak Ridge National Laboratory achieves 1 quintillion operations per second, pushing the boundaries of computational capabilities.
#science #2023
In 2023, Science magazine highlighted remarkable scientific breakthroughs across domains, showcasing groundbreaking advancements that captivated the scientific community.
1. Revolutionary Weight Loss Drugs:
New GLP-1 mimicking drugs combat obesity, showing unexpected heart benefits.
2. Global Warming's Unforeseen Effect:
Antarctica's carbon pump slowdown raises concerns about accelerated global warming.
3. Hydrogen as a Green Fuel:
Mali's sustainable hydrogen source promises cleaner energy with minimal environmental impact.
4. AI's Advancement in Weather Prediction:
Google DeepMind's GraphCast AI outperforms traditional weather prediction systems, shaping the future of forecasting.
5. Malaria Prevention Advances:
WHO approves R21/Matrix-M vaccine for general use, marking a significant step in malaria prevention.
6. Progress in Alzheimer's Treatment:
"Donanemab" and "Lecanemab" drugs show promise in slowing Alzheimer's progression, with lingering questions on long-term efficacy.
7. Archaeological Discovery Through Gravitational Waves:
Shock waves from merging supermassive black holes hint at human presence in the Americas 5,000 years earlier than thought.
8. Academic Strikes Shape U.S. History:
University of California's academic strike leads to significant pay increases, showcasing the power of collective action in academia.
9. Exascale Computing Unveiled:
Frontier computer at Oak Ridge National Laboratory achieves 1 quintillion operations per second, pushing the boundaries of computational capabilities.
#science #2023
šCoin : #DASH/USDT
ā (LONG) BUY
š Leverage: 10X _ 15X
Open on 28/10/2023
ā Entry: 28.1_ 28.12
šÆ Target 1: 28.943
šÆ Target 2: 29.786
šÆ Target 4: 31.472
šÆ Target 5: 34.844
ā StopLoss: 24.3
--------------------------------------------------**
Wait For Entry
Buyā ļø Your Own Risk
Follow Me for Daily Free Signal
#DASH #BTC #2023
ā (LONG) BUY
š Leverage: 10X _ 15X
Open on 28/10/2023
ā Entry: 28.1_ 28.12
šÆ Target 1: 28.943
šÆ Target 2: 29.786
šÆ Target 4: 31.472
šÆ Target 5: 34.844
ā StopLoss: 24.3
--------------------------------------------------**
Wait For Entry
Buyā ļø Your Own Risk
Follow Me for Daily Free Signal
#DASH #BTC #2023
Hi all I am binance user since August #2023 due to economical condition of pakistan after regime change mostly people fired from their jobs and I was the one so I tried my luck in trading and earning money to help my family but usdt price is on peak and pakistani currency is weak. So small trades can't afford #btc coins etc so I am trying to invest and hold small and new coins etc so I try my best and talk about new and least price coins #SHIBA etc. Thank you #TrendingTopic
š $SOL Alert: Navigating the Waters of Key Support Levels! šš
Solana $SOL is currently at a support level around $105š.
This level is important because last time $SOL reached it, buyers quickly stepped in, driving the price up. š§ If it stays above $105, especially within the $105 to $125 range, we could see growing confidence among investors. šŖ
Right now, the price is within what was the highest range for #SOLUSDT! in #2023 .Staying in this range could indicate that the #SOL is gaining momentumš. There's a possibility we might see it move towards the $150 level in the mid term. š®
Keep an eye on the price as it fluctuates within this range. š No one can predict the market with certainty, but staying informed can help you make better decisions. š¤ Remember, nothing here is financial advice. š āāļø Always conduct your own research before making any investment decisions. š
To Trade SOL: Click Here
#SolanaWealth #TrendingTopic
Solana $SOL is currently at a support level around $105š.
This level is important because last time $SOL reached it, buyers quickly stepped in, driving the price up. š§ If it stays above $105, especially within the $105 to $125 range, we could see growing confidence among investors. šŖ
Right now, the price is within what was the highest range for #SOLUSDT! in #2023 .Staying in this range could indicate that the #SOL is gaining momentumš. There's a possibility we might see it move towards the $150 level in the mid term. š®
Keep an eye on the price as it fluctuates within this range. š No one can predict the market with certainty, but staying informed can help you make better decisions. š¤ Remember, nothing here is financial advice. š āāļø Always conduct your own research before making any investment decisions. š
To Trade SOL: Click Here
#SolanaWealth #TrendingTopic
Bitcoin Miner Stronghold Looking at Options, Including Sale of Company.
#Bitcoin #Miner Stronghold Looking at Options, Including Sale of Company
The miner is looking at options including sale of all or part of the company and other strategic transactions.
Bitcoin miner Stronghold Digital Mining (SDIG) has started exploring strategic alternatives that could include a potential sale of the company.
"The company is considering a wide range of alternatives to maximize shareholder value, including, but not limited to, the sale of all or part of the Company, or another strategic transaction involving some, or all of, the assets of the Company," the miner said in a press release on Thursday.
Stronghold, the company that turns piles of coal waste into energy to mine bitcoin, said the move comes as there is a "valuation dislocation" of the stock compared to its other mining peers in the market.
āStrongholdās Board and management team are committed to maximizing value for our shareholders and, to that end, have commenced a comprehensive and thorough review of strategic alternatives,ā said Greg Beard, chairman and chief executive officer of Stronghold.
The company has hired Cohen and Company Capital Markets as financial advisers and said there isn't any specific timeline set for the completion of the review. The shares fell about 2% on Thursday.
The stock fell 62% this year, while peers such as Riot Platforms (RIOT) and Marathon Digital (MARA) fell about 40%. Bitcoin rose 39% so far this year.
StrongholdĀ went publicĀ during the peak of the bull market in . How #2021 ever, like many of its peers, it faced financial difficulties during the crypto winter due to a heavy debt load on its balance sheet. The company was able to avoid a similar fate as some of its peers that went bankrupt byĀ restructuringĀ its debt and shoring up the balance sheet in #2022 and #2023
Mergers and acquisitions have been touted as one of the areas that will gain momentum after the halving, which made the mining landscape more competitive for the miners as rewards were cut in half.
There has already been an uptick in M&As in the mining industry as miners with stronger balance sheets started to buy up assets that are trading at low valuations.
This is little bit information from CoinDesk
May be its important to miners
Thanks for giving the presious time
The miner is looking at options including sale of all or part of the company and other strategic transactions.
Bitcoin miner Stronghold Digital Mining (SDIG) has started exploring strategic alternatives that could include a potential sale of the company.
"The company is considering a wide range of alternatives to maximize shareholder value, including, but not limited to, the sale of all or part of the Company, or another strategic transaction involving some, or all of, the assets of the Company," the miner said in a press release on Thursday.
Stronghold, the company that turns piles of coal waste into energy to mine bitcoin, said the move comes as there is a "valuation dislocation" of the stock compared to its other mining peers in the market.
āStrongholdās Board and management team are committed to maximizing value for our shareholders and, to that end, have commenced a comprehensive and thorough review of strategic alternatives,ā said Greg Beard, chairman and chief executive officer of Stronghold.
The company has hired Cohen and Company Capital Markets as financial advisers and said there isn't any specific timeline set for the completion of the review. The shares fell about 2% on Thursday.
The stock fell 62% this year, while peers such as Riot Platforms (RIOT) and Marathon Digital (MARA) fell about 40%. Bitcoin rose 39% so far this year.
StrongholdĀ went publicĀ during the peak of the bull market in . How #2021 ever, like many of its peers, it faced financial difficulties during the crypto winter due to a heavy debt load on its balance sheet. The company was able to avoid a similar fate as some of its peers that went bankrupt byĀ restructuringĀ its debt and shoring up the balance sheet in #2022 and #2023
Mergers and acquisitions have been touted as one of the areas that will gain momentum after the halving, which made the mining landscape more competitive for the miners as rewards were cut in half.
There has already been an uptick in M&As in the mining industry as miners with stronger balance sheets started to buy up assets that are trading at low valuations.
This is little bit information from CoinDesk
May be its important to miners
Thanks for giving the presious time
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