#Bitcoin Miners Resume Holding Strategy#

Core Scientific, a Bitcoin mining company, appears to be recovering some of its holding strategy after two years of complete liquidation. The company sold only 27% of its self-mined Bitcoin in December, after previously maintaining zero Bitcoin holdings. This move suggests that Core Scientific may be adjusting its strategy and no longer completely liquidating all of its output assets. While the company still reported no digital assets on its balance sheet in the third quarter of 2024, the amount of Bitcoin it sold in December indicates that it may be seeking to accumulate some Bitcoin reserves. Additionally, Core Scientific's hashrate continued to decline in December, which could be due to its adjusting its mining operations to adapt to the new market environment. Although Core Scientific's holding strategy remains unclear, its move to sell some Bitcoin suggests that the company may be seeking to gain more profit from Bitcoin price fluctuations and prepare for future development.