Bitcoin Miners Ready for Growth as Halving Rally Looms
• Companies like Riot Platforms, Coinbase Global, and Marathon Digital are positioned to benefit from the upcoming Bitcoin halving event and cryptocurrency rally.
• These companies are expanding their cryptocurrency mining capacity and global operations to drive future revenue and cash flow growth.
• Riot Platforms has a strong balance sheet and plans to exponentially increase its Bitcoin mining hash rate capacity.
• Coinbase Global is expanding into new geographies to capitalize on increased crypto trading volumes and altcoin growth.
• Marathon Digital expects 50% revenue growth in 2024 due to its mining capacity expansion and has over $1 billion in Bitcoin holdings.