According to Jaran Mellerud, a mining service analyst at Luxor Technologies, listed mining companies will stop increasing their holdings of Bitcoin in May 2022. Since then, their holdings have decreased from 46,000 coins to 35,000 coins, indicating they have sold more Bitcoin than they have mined during that period.
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Listed Mining Companies Stopped Increasing Their Holdings of Bitcoin in May Last Year and Have Reduced Their Holdings by a Total of 11,000 So Far
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