Bitcoin Miners Use the BTC in Their Vaults as Collateral Instead of Selling It

The latest Bitcoin balance sheet announced by the large public Bitcoin miner CleanSpark reveals a much more complex financial picture than it appears…

Out of the company's total assets of 13.924 BTC as of 30 Haziran, 1.719 BTC have been pledged as collateral or recorded as receivables in connection with derivative transactions. This means that approximately…