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Bitcoin mining stocks continue their recovery with a third consecutive green day as Bitcoin stabilizes around $93,500, showing strong support after the recent drop to $76,000. ETF inflows exceed $2.2 billion this week, driving Bitcoin's upward momentum while global M2 money supply reaches new highs.
• All but one Bitcoin miner trading in the green today
• Miners trading in top part of daily range but low part of 52-week range
• $900 million+ daily ETF inflows creating a "snowball effect"
• Bitdeer shipping first Seal Miners and advancing vertical integration
• Tether increases stake in BitDeer to nearly 25% with $32 million investment
• Bitdeer secures $200 million loan agreement with Matrixport
• Tether partners with SoftBank and Jack Mallers to launch Bitcoin company "Twenty One"
• Michael Saylor aims to acquire 5-10% of all Bitcoin ever created
• MicroStrategy holds 538,000 Bitcoin, over 10x more than second-place Marathon
• MetaPlanet reaches 5,000 Bitcoin milestone with latest purchase
• Bitcoin-focused companies emerging as new financial institutions
Smash the like button, guys. Big help to myself and the channel. If you're not already subscribed to McNally Money, feel free to join.
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By Anthony Power & Bryce McNallie4.5
22 ratings
Bitcoin mining stocks continue their recovery with a third consecutive green day as Bitcoin stabilizes around $93,500, showing strong support after the recent drop to $76,000. ETF inflows exceed $2.2 billion this week, driving Bitcoin's upward momentum while global M2 money supply reaches new highs.
• All but one Bitcoin miner trading in the green today
• Miners trading in top part of daily range but low part of 52-week range
• $900 million+ daily ETF inflows creating a "snowball effect"
• Bitdeer shipping first Seal Miners and advancing vertical integration
• Tether increases stake in BitDeer to nearly 25% with $32 million investment
• Bitdeer secures $200 million loan agreement with Matrixport
• Tether partners with SoftBank and Jack Mallers to launch Bitcoin company "Twenty One"
• Michael Saylor aims to acquire 5-10% of all Bitcoin ever created
• MicroStrategy holds 538,000 Bitcoin, over 10x more than second-place Marathon
• MetaPlanet reaches 5,000 Bitcoin milestone with latest purchase
• Bitcoin-focused companies emerging as new financial institutions
Smash the like button, guys. Big help to myself and the channel. If you're not already subscribed to McNally Money, feel free to join.
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter
Anthonys Info:
Website:
https://www.powermininganalysis.com
X:
https://twitter.com/cazenove_uk
Patreon:
https://www.patreon.com/Cazenove_UK
Bryce's Info:
X:
https://twitter.com/McnallieM
Patreon:
https://www.patreon.com/McNallieMoney
Merch:
https://shop.mcnalliemoney.com/
Website:
https://www.mcnalliemoney.com
Business Inquiries:
Email - [email protected]

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