Bitcoin mining firms stockpile crypto amid industry transformation ⛏️🪙; The BNPL Shakeout: Sezzle's struggles signal industry consolidation 👀📉; Corporate Bitcoin adoption is gaining momentum 📈🪙

FinTech is Eating the World, 8 January

Hey Everyone,

Good morning & happy Thursday! Today’s issue is packed with developments in the digital asset space as we’re going to look into Bitcoin mining firms that are now stockpiling crypto (what this tells us & what can we expect next), the recent struggles at Sezzle which signal industry consolidation (what it’s all about, what this means for the future of FinTech + bonus read with deep dives into top FinTech stocks from 2024), and corporate Bitcoin adoption that’s now gaining momentum (why it matters & what’s next). So let’s just jump straight into the exciting stuff 🌶️

Bitcoin mining firms stockpile crypto amid industry transformation ⛏️🪙

The news 🗞️ US Bitcoin mining companies are adapting their strategies in response to mounting pressures and are accumulating substantial cryptocurrency reserves while navigating challenges from energy costs, competition, and the emergence of AI computing demands.

Let’s take a quick look at this and see why it matters.