@jvisserlabs says Bitcoin is “arguably the best hedge fund ever” and its early 70-80% drawdowns look just like Leopold Aschenbrenner’s Situational Awareness before its collapse. The difference? Bitcoin kept compounding. He also says AI agents will send crypto adoption “through the roof.”
Read more on it @Stocktwits
https://t.co/8hlNRluolg
My initial reaction to the $cifr Barber Lake extension is neutral for the following reasons:
1) Yes, @rftylerpage locks in $5.2B of incremental revenues but the press release says consistent with initial terms which simply means the increase comes primarily from lease escalators that offset inflation in Year 11-20
2) $cifr absorbs first $360m of cost overruns
3) @fluidstack likely supporting @AnthropicAI if I had to guess but does that deteriorate the credit quality?
So in summary, more predictable cash flows but likely cost overruns and my main question is the following to Tyler:
Why is the company leasing out arguably its best inference property below current market pricing when you consider the moratoriums and construction delays that have increased spot rates?
Yahoo Finance is taking notice as $ZEC surges, with growing attention on its financial privacy features and the mining opportunity behind it.
@Grayscale mentioned: “Grayscale said its Zcash fund (ZCSH) has raised some $179 million in 11 days of trading, lifting assets under management above $700 million and ZEC is up 59% since the launch of the ETP.”
Read more here: https://t.co/JHTt7sIB9p