Another Bitcoin Miner Adopts MicroStrategy’s Playbook of Buying BTC in Open Market

Another Bitcoin Miner Adopts MicroStrategy’s Playbook of Buying BTC in Open Market

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Source: Coindesk.com

Cathedra Bitcoin will pivot away from Bitcoin mining to providing general data center services and buying Bitcoin on the open market instead, the company said. Cathedra cited unpredictable profit margins as a cause for the shift.

It was Michael Saylor whose MicroStrategy championed large corporations buying bitcoin (BTC) on the open

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The post "Another Bitcoin Miner Adopts MicroStrategy's Playbook of Buying BTC in Open Market" appeared first here Coindesk.com.

Source: Coindesk.com

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