BlockBeats news, on May 13, Matrixport stated on platform X that "the security of the Bitcoin mining network is increasingly strengthening. As computing power continues to rise, competition among miners is becoming more intense, and it is expected to drive capital expenditure (CapEx) of $10 to $12 billion per year. This fierce competitive landscape not only enhances the security of the network but also further promotes the development of decentralization. Historically, increases in mining capital expenditure are often closely related to rises in Bitcoin prices."
"Corporate buyers represented by MicroStrategy continue to buy and hold Bitcoin for the long term, further reducing the circulating supply in the market. The current structure indicates that before computing power peaks, Bitcoin prices may still have upward potential - and this inflection point has yet to arrive. Overall, the Bitcoin network continues to expand, and market demand is growing in tandem, with these factors together providing solid support for Bitcoin prices."
