Well they do some mining. So they want cash to pay bills while they hold the btc from mining.
Pretty safe hedge.
And as price increases the more important is it going to be that miners don't sell too much or they will depress the price. I bet neither would TSMC be keen on accepting bitcoins in lieu of fiat for their chips.
@ malevolent
I am going to read the articles thanks.
First 2 were good. Third one I need to subscribe.
I wonder if we really cant get much gear for the whole year.
I actually like it if true.
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Most of their articles are paid (and not cheap) but someone often archives them anyway.
https://web.archive.org/web/20210105101623/https://www.digitimes.com/news/a20210105PD205.html