TechFlow news — On January 13, Matrixport stated on social media that publicly listed Bitcoin mining companies regularly disclose their production data and Bitcoin holdings to investors. Historical data shows that, apart from periods just before halvings, these firms typically maintain low Bitcoin inventories. However, their behavior changes dramatically after halving events.
Rather than selling Bitcoin to offset revenue losses caused by reduced output, miners have instead turned to continuously accumulating Bitcoin. Currently, these companies collectively hold 92,473 BTC on their balance sheets. This strategy increasingly resembles that of MicroStrategy, positioning them as institutional representatives holding Bitcoin assets.
Although Bitcoin’s price continues to rise, the stock performance of most mining firms has lagged behind. However, certain miners have stood out by diversifying into businesses such as artificial intelligence data centers. This not only provides them with additional revenue streams but also reduces their reliance on Bitcoin mining operations.
