Bitcoin (CRYPTO: BTC) miners have embraced new strategies to finance operations without selling any of their crypto holdings.
What Happened: According to a recent report from Bloomberg, Bitcoin mining firms like Marathon Digital Holdings. (NASDAQ: MARA) are selling Bitcoin call options to raise money, instead of the underlying asset itself.
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“We use call option straddles, where essentially you sell a call option and then buy one at a higher price so that you don’t miss out on the …
Full story available on Benzinga.com