Sell-to-Cover OPEX Strategy for Miners
This strategy helps miners optimize cash flow by selling only what's needed to cover operational expenses (electricity, hosting, maintenance) while maximizing long-term Bitcoin holdings.
- BTC price ≥ +20% above 30-day average: Sell +25% more BTC than usual. Use the extra profit to build a cash reserve for future OPEX coverage, allowing you to HODL more during downturns.
- BTC price in normal range: Sell only the amount needed to cover your operational expenses (OPEX). HODL the rest of your mined BTC.
- BTC price ≤ -20% below 30-day average: Sell -25% less BTC than usual. Cover the difference from your cash reserve, preserving more BTC for recovery. HODL as much as possible during low prices.