White Rock CEO Andy Long tells Cointelegraph that mining companies that have coped with the bear market are primed for “excellent opportunities” to expand via mergers and acquisitions.
White Rock Management CEO Andy Long believes bear markets"present excellent opportunities” for expansion via mergers and acquisitions in the crypto mining sector.managed their balance sheets effectively
“The bear market has presented challenges for the miners who leveraged up at the top of the market, however, the sector has been here before, and well capitalized and efficient miners will do just fine,” he said. “Bear markets actually present excellent opportunities, so we expect to see M&A and consolidation activity in the mining sector involving both public and private players — to realize economies of scale and combine complementary operations.”
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