Pure-Play Bitcoin The mining actions wake up from their sleep after taking the train behind those who rotate to the sector of the red heated data center.
Pure game minors such as Mara Holdings (Mara) and clean (CLSK) increased by 10% and 17% on Thursday, leading to gains among members of the Bitcoin Mining ETF coinshares.
There are two key factors that can cause sharp gains.
The first is the idea that investors could be the leading expectations of a strong end of the year for Bitcoin, a period which historically delivered some of its most optimistic yields. BTC climbs around $ 118,000 after the drop in the interest rate of the federal reserve, up 2.2% on Thursday and only negotiating 5% below its top of all time.
With the improvement of feeling, minors with a large BTC reserve on the balance sheet could be leverage games on the potential Bitcoin rally to new records. Mara and Cleanspark remain the biggest BTC holders in the sector with 52,477 ($ 6.2 billion) and 12,703 ($ 1.5 billion) chips, respectively. Strategy (MSTR)The largest owner of BTC in the world in the world, is also up 7% today.
The second pilot could be investors who turn the profits from high performance computer action (HPC) and artificial intelligence (AI)who has experienced disproportionate gains in recent months. Iren Energy (Iren)Cipher Mining (CIFR)and bitfarms (Bitf) have all increased, with Bitfarms up 150% in September only, Iren winning more than 600% since April and the CIFI increased by 500% during the same period. However, to strengthen the rotation thesis, the CIFF is down 7% and Iren slipped 4% on Thursday.
