by: xpoolPosted on:

Kerrisdale Capital Bites Back at BitMine with Short Position

Activist short-selling firm Kerrisdale Capital has taken a bearish stance against BitMine, challenging the company’s Digital Asset Treasury (DAT) model. The company’s decision to short BitMine stems from concerns over the DAT model’s lack of market efficiency and the potential for excessive competition in the Ethereum space. ]

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