The rise of Bitcoin mining financing
Quick Take
- Bitcoin mining’s financing ecosystem has become much more diverse since the last halving in May 2020 and has grown exponentially in 2021.
- A large part of the money Bitcoin mining firms raised from external investors last year came in the fourth quarter and debt financing saw a notable increase during the period.
- In this piece, we take a look at the current state of Bitcoin mining’s financing.
This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.
Go to Source
Author: Wolfie Zhao