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Bitcoin (BTCUSD) Plummets as Major Miners Dump BTC Reserves to Fund AI Expansion

Coinpedia Read original source (opens in a new tab)
The Story

News Summary

  • Corporate Bitcoin holdings have plunged over 37%, with major miners like Bitdeer fully divesting BTC to pivot towards AI and cloud ventures amid a prolonged bear market and high production costs.
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BTCUSD price history

77194.40 +15.22% over the displayed period

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