Coal Mining Giant Ventures into Bitcoin Mining Industry

Alliance Resource Partners’ entry into the Bitcoin mining sector has defied initial doubts and emerged as a highly effective endeavor. In addition, Marshall, the company’s representative, disclosed that they currently possess 425 BTC, which translates to an impressive $30 million on their financial statement. What’s even more remarkable is that, after factoring in the expenses associated with property, plant, and equipment, Alliance Resource Partners has reported a net profit of $7.3 million, indicating a potentially prosperous venture into the realm of cryptocurrencies. As a result of this strong quarterly financial report, ARLP shares experienced a notable 2% increase in pre-market trading.