The mining industry presents a rather interesting contrast. While many listed miners have been forced to sell $BTC to stay afloat (over 15,000 $BTC have been sold since October), Canaan Inc. has chosen a different path. Their current reserves are approximately 1,793 BTC + 3,952 BTC (~$128 million USD), after mining an additional 86 BTC in the month of March due to heavy Dump . They appear to be pursuing a long-term accumulation strategy while expanding their mining infrastructure in Texas. In an industry often under cash flow pressure, this approach is quite noteworthy. Do you still have faith in the next cycle? # BingX # BTC