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Data from TheMinerMag reveals that listed Bitcoin mining companies have invested a cumulative $3.6 billion in fixed assets, including plants and equipment, since the start of 2024. Notably, spending in Q3 2024 reached its highest level since Q1 2022. Additionally, 16 mining firms have collectively raised over $5 billion in funds and allocated $2 billion to hardware upgrades since 2023, highlighting significant growth and reinvestment in the mining sector.
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