Tom Lee, chairman of BitMine, lauded Strategy’s decision to create a $1.4 billion cash reserve, enabling it to pay dividends during Bitcoin downturns and safeguarding its $61 billion Bitcoin stockpile.
BitMine has maintained cash reserves and anticipates $400 million in staking revenue, ensuring its own financial stability, even without a formal U.S. Dollar reserve.
Digital asset firms are exploring different tactics to enhance shareholder value when trading below market net asset value, reflecting the dynamic nature of the industry.
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