Replying to Avatar Chris

Indeed. The miners are a perfect example of this. Pivoting recently to buy Bitcoin instead of ASICs.

I could see by next cycle the large public miners creating significantly less of the global hash than they do right now. Leaving them as just public shell Bitcoin TSY companies.

In truth, many more companies will likely do this as AI takes a wrecking ball to their operating models….

Just my 2 sats….😉

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mattaroo 1y ago

Also, at the 1:09 mark, they discuss the zombie companies, including the publicly traded miners, going into the BTC treasury paly.

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