“These companies have found themselves in a position where they made plans and commitments that assumed external capital, whether from public or private markets, would always be readily available,” he said. “Now, the cost of capital, if available, just got more expensive, and some of these miners do not have sufficient capital to finish what they have started.”
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Bitcoin-focused company based in Paris wants...
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