Bitdeer Says Number Of Bitcoin Mined Through Self-mining Business In September Increased By 25.8% From Previous Month And Almost Tripled Y/Y To 482 Bitcoins
Portfolio Pulse from Benzinga Newsdesk
Bitdeer reported a 25.8% increase in the number of Bitcoin mined through its self-mining business in September compared to the previous month. The number of Bitcoin mined almost tripled year over year to 482 Bitcoins.
October 05, 2023 | 9:04 pm
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POSITIVE IMPACT
Bitdeer's self-mining business has seen significant growth, with a 25.8% increase in Bitcoin mined month over month and almost tripling year over year. This could potentially boost the company's revenues and positively impact its stock price.
The increase in Bitcoin mined indicates a successful expansion of Bitdeer's self-mining business. This could lead to increased revenues for the company, which could positively impact the stock price. However, the impact could be influenced by other factors such as the overall market condition and the price of Bitcoin.
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IMPORTANCE 80
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