Recommendation: The increase in the share price of the cryptocurrency mining company could be due to the fact that existing investors are not allowed to buy Bitcoin.

12月

2020-12-30 13:29

On December 29, Decrypt reported that as the value of Bitcoin increased, so did the value of companies involved in the crypto industry, especially the Bitcoin mining industry. Torkel Rogstad, software developer at crypto research firm Arcane, said in an interview that the benefits of bitcoin mining could be huge and the rising costs for mining companies could be due to the fact that it is prohibits traditional investors from buying bitcoin. Rogstad said you can invest in anything you want, but investing in a year can invest in stocks. The same goes for funds, and so-called capital investors often have strict rules about where they invest. At the same time, he added: Investing in a Bitcoin company can be a way for financial companies to still be exposed to Bitcoin, even if they cannot invest in Bitcoin directly. .

Tip: The increase in the share price of the cryptocurrency mining company may be due to existing investors facing restrictions on buying bitcoin.

According to Decrypt, as the value of Bitcoin has increased, the costs of companies involved in the crypto industry, particularly the Bitcoin mining industry, have increased. Torkel Rogstad, software developer at crypto research firm Arcane, said in an interview that the potential rewards of bitcoin mining could be huge, and the increase in the company's mining price could still be due to investors. limited by buying bitcoins. Rogstad said you can invest in anything you want, but investing in a year can invest in stocks. The same goes for funds, and so-called capital investors often have strict rules about where they invest. At the same time, he added: Investing in a Bitcoin company can be a way for financial companies to still be exposed to Bitcoin, even if they cannot invest in Bitcoin directly. .

2020-12-30 13:29