“Certainly, 9 of the ten largest (by market capitalization) publicly listed bitcoin mining firms maintain much less bitcoin per share right this moment than they did three years in the past. And as a bitcoin miner ourselves, Cathedra has not fared higher by this metric. In the meantime, different listed firms have adopted an specific coverage of accelerating bitcoin per share, most notably MicroStrategy (NASDAQ: MSTR), and have been rewarded by fairness markets,” Cathedra wrote.
