@alphazeta Wise words Rapha. We remain profitable mining with S19JPros, just weathering the storm of 2026 and looking forward to upgrading our 5MW fleet here soon to 18-20 J/TH generation.
Tis the season of survival.
@PeterSchiff The only bitcoin metric that matters is the 4 year moving average. The 200 Week moving average is the only one anyone should focus on
And it’s a perfect time to get on that train.
After doing a lot of research this weekend here’s what I came up with.
The embedded risks are 3 in my estimation
1) is if SATA issuance takes off like a rocket and then hits a 12-18 month cycle where there is a significant drop in new issuance, the flywheel can break.
- maintaining that DSCR is extremely important
2) Strive cannot generate enough income from Bitcoin covered call selling and other trading endeavors to fund company operations, SG&A, etc and is forced to (decides) to dip into cash reserves to pay for operations affecting the DSCR
3) In line with 2, their trading risk management is poor and they get on the wrong side of some big trades
- that can detrimentally impact DSCR and lead to a loss of confidence which could cause #1
You basically just need to underwrite their risk management team and closely monitor that DSCR. The rest of it appears pretty straightforward and clean
@laurashin Maybe, in a post USD world, private stable coins will be allowed to exist. But not before that…. It’s just not the way the world operates and crypto industry market cap will need to be on par with gold before it makes a dent