Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts
фото показано с : cointelegraph.com

2022-6-22 20:15

“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial officeJeff Lucas.

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liquidity method least best current expensive market

Источник: cointelegraph.com

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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support.

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