Bitmain’s new strategy of giving put options on bitcoin to buyers of its miners amounts to a “Texas hedge” – doubling down on risk, not offsetting it.
Original
Related posts
-
Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig
On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company... -
This Metric Printed In 2017 Before Bitcoin Exploded: Is A Mega Run Incoming?
In a post on X, one analyst has picked out a key on-chain metric that could signal... -
Is The Bitcoin Top Already Here? This Historical Pattern Says So
A historical pattern currently forming in a Bitcoin on-chain indicator could suggest that a top may...