Lendn executive: Bitcoin miners should hold the bitcoins they mine "
According to Internet reports, John Glover, chief investment officer of Bitcoin lending company Ledn, said that Bitcoin mining companies should hold the Bitcoin they mine and use it as collateral for legal loans to pay for operating expenses, rather than sell Bitcoin, thereby losing upside for assets whose prices miners expect to soar. Glover said holding BTC has many benefits, including price appreciation, tax deferral, and earning additional income by lending out BTC held in corporate bonds.
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