Signs point towards a significant upward spike in Bitcoin value

In the world of cryptocurrency, some major players are making moves that are shaping the landscape. Two such entities, Boerse Medien AG and Marathon Digital, are at the forefront of this evolution.

Boerse Medien AG, a leading publisher, has announced that its CEO, Mr. Bernd Foertsch, and management, Mr. Leon Mueller, hold positions in Bitcoin. Moreover, the company has entered into a cooperation agreement with the issuer of Bitcoin, granting the issuer a license to use the index developed by Boerse Medien AG. This index, for which the publisher holds the rights, is used to derive the current Bitcoin price. It is also worth noting that Boerse Medien AG receives compensation from the issuer in relation to the use of the Bitcoin index.

On the other hand, Marathon Digital, the world's largest mining company, is making significant strides in Bitcoin mining. The company has acquired $100 million worth of Bitcoin and is holding all its mined Bitcoin balances. As a result, Marathon Digital now holds 25,000 pieces of Bitcoin, placing it second among companies with the largest Bitcoin holdings, behind Microstrategy but ahead of Tesla.

The mining difficulty has reached record highs, requiring more energy to find a new block. Despite this, some indicators suggest the imminent start of the second bull run within the current Bitcoin cycle around the fourth Bitcoin halving. One such indicator is the Puell Multiple, which is now near the buying zone, indicating potential significant increase in Bitcoin.

However, it's important to note that Bitcoin miner revenues fell to their lowest level in eleven months in August. This could potentially impact the profitability of mining operations, including those of Marathon Digital.

Boerse Medien AG discloses a conflict of interest related to the publication of information about Bitcoin due to its financial interest in the performance of Bitcoin. Worldwide, all cryptocurrency exchanges currently hold around 2.5 million Bitcoin. The reduction of Bitcoin balances on these exchanges has fallen by ten percent since February.

For more detailed information, you can read the full article in the new print edition of BÖRSE ONLINE, available at https://www.boerse-online.de. The article does not contain any advertisements for Bitcoin.