We now include a conclusion at the end of each report to help readers quickly grasp the key takeaways and core message.
Topics: Bitcoin Mining, Hedging, Long/Short Strategy
👇1-13) We have rarely recommended a bullish stance on publicly listed Bitcoin mining companies, and as the cycle progressed, we've largely avoided them. However, with many of these stocks now down 50% or more, we’ve received many questions about whether current levels present attractive entry points, especially as Bitcoin shows signs of recovery, and the U.S. dollar weakens. Bitcoin continues to serve as a potential macro hedge.
Bitcoin (LHS) vs. Marathon Digital (RHS)