**๐จ Quick Update: Cipher Miningโs April Bitcoin Stats ๐โ๏ธ**
Hereโs the latest from Cipher Mining (a Bitcoin mining company listed on Nasdaq, ticker: $CIFR):
๐น๐ฐ Bitcoin Mined: 174 $BTC in April 2025.
๐น ๐ธ Bitcoin Sold: 350 $BTC (they sold more than they mined to cover costs or cash in on prices ๐).
๐น ๐ Bitcoin Left: 855 BTC total (but 379 BTC are locked ๐ as collateral for loans/agreements).
๐น *โก Mining Power: 13.5 EH/s (their mining speed hit this by April 30, 2025 ๐).
๐ Whatโs Going On?
- Sold more BTC than mined ๐ฐโก๏ธ๐ธโmaybe paying bills or taking profits.
- Mining power (13.5 EH/s โก) keeps risingโtheyโre adding more machines!
- Holding less BTC now, but some is โlocked upโ ๐ (likely for business deals).
๐ Why It Matters?
Big miners like Cipher show how companies juggle:
โ Mining new Bitcoin โ๏ธ
โ Selling for cash ๐ต
โ Holding for the future ๐
โฆespecially after the Bitcoin โhalvingโ (rewards got cut in half โ๏ธ).
๐ฎ Whatโs Next?
Will they mine more and HODL ๐๐ฐ, or keep selling ๐ธ to stay flexible? Drop your predictions below!