@MMCrypto I would love to visit Dubai and buy you a holistic lunch Chris. I’m a DJ, avid student of the Bitcoin way, I have attended many Bitcoin conferences and currently mine Bitcoin at numerous locations. I live in Pennsylvania am formerly from London.
@bigsuey@itsCindyFeng Does $HUT plan to purchase Bitcoin onto its balance sheet and use the same methods as $MSTR to finance it? I find it interesting miners would do this as their underlying business is Bitcoin whereas that is not the case with $MSTR. I wonder if Miners have any advantage v $MSTR ?
WULF / COIN pair is actually slightly up from the morning of this post. Nasdaq / BTC are down and it's not immune as beta.
It was a rotation, so I maintained medium-term exposure to crypto while betting that WULF would be a faster horse relative to COIN over the next 1-2 quarters.
My holding period on COIN was 10 months, so far it's been 2 weeks. The WULF bet is largely one that they close an HPC contract within the next 3-4 months, which makes it riskier than Core Scientific as a similar way to get exposure to the BTC miner -> HPC/AI transition, but more potential upside -- let's see.
@nic_carter The US press is perhaps our greatest asset towards protecting democracy. I think that saying, “no one trusts them,” is a convenient exaggeration.