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💰 In April, public mining companies dumped around 70% of their mined BTC—highest since October 2024

💰 In April, public mining companies dumped around 70% of their mined BTC—highest since October 2024.

Riot and CleanSpark ditched the HODL strategy and sold off most of their stash, while MARA, Cango, and BitFuFu decided to hold tight.

Why? Profit margins are getting squeezed as mining difficulty rises, even with BTC prices soaring above $100k! 🚀💸 #CryptoNews #Bitcoin