The market has struggled to evaluate BTBT because its strategic narrative has shifted substantially, and past financials and profits are not telling the story of where they’re headed. • they have abandoned BTC mining, which is no longer profitable with the rising energy costs and BTC mining rewards constantly being halved over time • they own 70–80% of WYFI, an AI HPC which recently IPOed and is being carved out (WYFI is up 23% this past week) • BTBT is very clear that their sole goal now is to become a leading ethereum treasury, and they plan on divesting WYFI over time to make opportunistic ETH accumulation minimizing potential share dilution • you need to be bullish and long on the macro case for ETH to really appreciate the BTBT opportunity beyond a simple discount to nav play • with the Genius Act, there’s regulatory clarity on stable coin, and there’s a clear movement and institutional alignment in the broader financial systems to integrate tokenization and stable coin, and this is mostly being built on ETH rails as a settlement layer • ETH is rapidly evolving into a store of value narrative similar to gold, and in recent years, bitcoin In my opinion, ETH treasuries like BTBT (especially if you can get it at a discount like right now as retail investors sleep on this one) are the best risk-adjusted bet for asymmetric returns in the long run. Risks include execution, governance, crypto volatility, and broader black swan events.

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Open AI and meta are not hyper-scalers. They might have their own datacenters but they don’t have the scale that AWS/Azure/GCP/Oracel have, so they contract with them to get more GPU’s to fine tune and train models.

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If I were you, I would look at a graph of the SP500 and analyze if it is going up or down, and if it is going up, then I wouldn't be an idiot like you are doing.

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they are buying AIRE

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Fucked up these last 2 days but I’m still green on the month and all my bills are paid so that’s cool right?

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TSLA is an everyday reminder that a lot of things don't make sense and stuff is worth what people are willing to pay and stupid people have money.

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So, do I get this right: job losses are worse than in a long time, economy in the shitter, this will finally make Jerome lower rates despite high inflation -> BULLISH?

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If they cut .5 points they are just trying to save the labor market inflation has set its foot

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If your returns over the last year are lower than dogecoin of all things then you should quit.

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Definitely with the expectation of a 5.5% inflation. People keep mentioning stocks go up, but have we become so delusional to forget that people need to spend money on the markets for stocks to go up. I mean, lower interest rates won't change unemployment. It has never really done that. After the financial crisis of 2008, it took 5 years for the unemployment rate to go back to 4%. And that was when interest rates were at 0% I mean, US is already fucked. No need for a 1.5%. More and more countries are starting to deal in Chinese Yuan. New trade alliances are being made, even enemies are working together on trade (obviously 'the enemy of my enemy is my friend proverb'). And in the Middle East they're getting angry at POTUS for not defending them more, leading countries to think about their own nuclear weapons in the Middle East and Asia. Of course, the Golden Dome can prevent possible attacks, but with what money will they build it? From the banana industry they're planning to build in the US?

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