Over the past three years, bitcoin prices have skyrocketed. But it comes with volatility. “Top-down” From $14,156 at the end of 2017, it gradually retreated to below $4,000 at the end of 2018, then the market started to stabilize. swing in a narrow frame
before entering a new uptrend at the end of 2020 by going up to make an all-time high of $66,971 on Nov 9, 2021 While the current price has doubled from its peak. Pressured after the US Federal Reserve or the Fed continued to raise interest rates and reduce the balance sheet size. This is to pull liquidity out of the financial system.
Despite the high volatility of the crypto market, many companies are not afraid. Please consider investing in businesses related to digital assets. has since made the platform be a broker investment advisor until the investment to buy coins And another business that is getting attention is Bitcoin mining.
Jasmine Technology Solutions Public Company Limited or JTS Probably the first company starting a bitcoin mining business By investing through a subsidiary company, Justel Network Company Limited, which this year invested another 3.3 billion baht to buy 6,300 additional bitcoin mining machines.
partZika Innovation Public Company Limited or ZIGA Announcing full penetration of digital technology and fintech businesses, with the first quarter of the past year, it received a full quarter of revenue from bitcoin mining. with the number of available machines 400
board sideAJ Advance Technology Public Company Limited or AJA Recently approved to invest in bitcoin mining for another 140 million baht, the company plans to buy 300 more mining machines within the second quarter whileUnited Power of Asia Public Company Limited or UPA Joining hands with partners to invest in bitcoin mining in Lao PDR. Recently, the Board of Directors has given the green light to add another 820 million baht in investment to install 6,000 mining machines.
Chaiwatthana Tannery Group Public Company Limited or CWT Join hands with partners to bring the remaining electricity from the subsidiary’s power plants to build a bitcoin mining pool. “Green Bitcoin Mining”
board sectionSCI Electric Public Company Limited or SCI Green light to invest 140 million baht to buy 195 bitcoin mining machines and 1 mining container with electrical system and equipment which will gradually buy and install to be completed in the 3rd quarter
East Coast Furnitech Public Company Limited or ECF Let’s spread the risk from the furniture business. Turn to invest in cryptocurrency mining under the investment budget of 80 million baht.NR Instant Produce Public Company Limited or NRF joins hands with B Logistics Public Company Limited or B Spend 700 million baht to build 2,200 bitcoin mining machines that can mine 50-55 BTC per month.
whileComanche International Public Company Limited or COMAN Invested 60 million baht to set up a company “Coman Crypto” to do cryptocurrency mining business. It will employ another company to operate and maintain 140 RIGs of cryptocurrency mining machines (RIGs).
and the latest Stars Microelectronics (Thailand) Public Company Limited or SMT Announced investment in bitcoin mining for 150 million baht. The first phase will start buying 200 mining machines worth 40 million baht before gradually investing periodically. By taking advantage of the company being one of the manufacturers of bitcoin mining machines.
Even though crypto-related businesses are strong, the market volatility is heavy. This makes investing in these stocks full of risks. This year, most of the gurus decided that The market may not be as hot as last year. with the pressure of rising interest rates and strict regulatory measures of various countries, so investing in these stocks should be extra cautious.