$BTC (+0,79 %) $

$IREN (+6,3 %)

A large part of the investment thesis of $IREN (+6,3 %) is linked to the company's ambitious expansion into the fast-growing AI/HPC sector.

While $IREN (+6,3 %) Bitcoin mining yields remain exceptional, performance in this segment is heavily influenced by factors outside of the company's control - namely price, network difficulty and ASIC prices. $BTC (+0,79 %) -price, network difficulty and ASIC prices.

Today's demand for AI computing power is only a fraction of what will be needed.

The reasons are:

- AI switches from text to real-time video, 3D and full scene understanding

- AI co-pilots integrated into every productivity and development tool

- Autonomous robots, vehicles and smart factories

- AI-generated content on a large scale: ads, movies, virtual worlds

- Constant retraining of boundary models, 100 times more computationally intensive

Access to AI computing power and related infrastructure will be critical for major tech companies to defend and grow their multi-billion dollar valuations. These players are outbidding each other, not only to secure capacity, but also to prevent others from obtaining it. Whoever controls the most computing power capacity and supporting infrastructure will gain a massive advantage over the other.

We have already seen this in the race for $NVDA (+1,3 %) chips, the biggest bottleneck in the AI value chain today. But this bottleneck is shifting as computing capacity becomes increasingly constrained by access to AI-optimized energy infrastructure.

And here, in my opinion $IREN (+6,3 %) that has more than 3 GW of AI-optimized infrastructure will benefit. It takes time to build, contracts for infrastructure and power connection contracts are becoming more difficult, and the land and locations required are becoming more expensive, $IREN (+6,3 %) has recognized this early on.

Increase in hash rate since 2023:

$IREN (+6,3 %) available today with $IREN (+6,3 %) AI Cloud has $NVDA (+1,3 %) H100 and H200 GPU clusters.

These clusters are powered 100% by renewable energy.

$MARA (-1,92 %)
$CLSK (-1,41 %)
$BTC (+0,79 %)
$MSTR (-0,47 %)
$RIOT (-0,33 %)
$CRWV (+0,66 %)
$META (+0,68 %)
$AMZN (+1,62 %)
$GOOGL (+2,74 %)
$NVDA (+1,3 %)
$MSFT (-0,2 %)
$WULF (-4,79 %)
$CIFR (+1,39 %)
$CORZ (+0,53 %)
$BTDR (-1,57 %)

If the Bitcoin price is above approx. 97k $ at the close of June, it fulfills $MSTR (-0,47 %) all the conditions for inclusion in the SP500.

Strategy was already included in the NASDAQ in November 2024 and triggered a massive price jump.

The SP500 is significantly larger.

I have now added a warrant until the end of 2026 to my Strategy position.

Target approx. 1000 USD

What do you think?

$BTC (+0,79 %)

$BTC (+0,79 %)

Dear Community,

Unfortunately, buying BTC seems extremely expensive to me due to the spread (TR) or fees (Coinbase).

Where do you buy? Does anyone here have a good tip?

$COIN (-5,96 %) . $BTC (+0,79 %)

Coinbase has so far only pursued a cautious Bitcoin strategy, which has led to even a small Japanese hotel company called Metaplanet now holding a larger BTC portfolio. However, this could now change: According to Coinbase CEO Brian Armstrong, the public company is buying Bitcoin every week.

Coinbase, the major US crypto exchange, buys Bitcoin every week. This was announced by Brian Armstrong, CEO of the almost 100 billion US dollar stock corporation, on 𝕏.

"We buy more Bitcoin every week. Long Bitcoin

(Brian Armstrong)

He was responding to a post by David Bailey, CEO of Bitcoin Magazine and founder of the "Bitcoin Treasury Company" Nakamoto.

Bailey congratulated Coinbase on reaching a new all-time high, but emphasized that the company still lacked a proper Bitcoin balance sheet.

The Bitcoin strategy of Coinbase

Coinbase has been holding Bitcoin for investment purposes for some time now. At the end of the first quarter, it held 9,267 BTC. However, the company has not made any substantial purchases in recent years - more than 2.5 years ago, Coinbase was already sitting on 9,480 BTC.

Coinbase had actually considered pursuing a more ambitious Bitcoin strategy á la Strategy (formerly MicroStrategy) in the past, but ultimately decided against it due to the risks involved.

"There have definitely been moments in the last 12 years where we've thought, "Man, should we put 80% of our balance sheet into cryptocurrencies - specifically Bitcoin?"

(Brian Armstrong in a video call on 𝕏)

As Bitcoin is now subject to less risk due in part to the support of the US government, now may be the time for Coinbase to change its approach after all.

How significant the weekly Bitcoin purchases mentioned by Armstrong will be remains to be seen. We will have to wait for the report for the second quarter to find out.

Bitcoin strategy as a model for success

In terms of its investment strategy, Coinbase tends to follow the approach of Tesla, Block or Rumble, which have only invested a small proportion of their balance sheet in Bitcoin. In this respect, the crypto exchange differs from the so-called "Bitcoin Treasury Companies", which pull out all the stops to buy more Bitcoin.

The "first mover" Strategy bought Bitcoin for the first time in August 2020. Through intelligent capital raising, the business intelligence software company has so far managed to acquire 592,345 BTC worth more than USD 60 billion, while its share price has risen by more than 3,000%. Strategy now has a market capitalization of around USD 108 billion, making it larger than Coinbase.

Metaplanet, a Japanese hotel company, began copying Strategy just over a year ago. The company has since been able to build up a Bitcoin balance of 12,345 BTC, with a negligible debt of around 12 million US dollars. The Bitcoin on Metaplanet's balance sheet is currently worth about 90 times the company's market capitalization before Bitcoin Strategy.

The fact that a small company struggling to survive has managed to build up a larger Bitcoin stock than Coinbase in just over a year is remarkable - especially since the crypto exchange was founded in 2012, when one BTC cost just a few US dollars.

So far, however, Coinbase has been a success story even without an ambitious Bitcoin strategy. The company is one of the 110 largest US stock corporations and has been part of the S&P 500 US stock index since mid-May. In the first quarter, Coinbase generated a profit of USD 65.6 million.

Nevertheless, a more aggressive Bitcoin strategy would probably only have positioned the company even better. However, it is not too late to jump on this bandwagon, as Coinbase CEO Brian Armstrong, who sees Bitcoin as the world's potential next reserve asset, may have understood.

https://www.blocktrainer.de/blog/coinbase-kauft-jede-woche-bitcoin

Hello dear community,

I recently came into €20,000, which I would now like to invest. My goal is to build up a BTC holding of 0.25 by the end of 2026. Now the question is whether I should invest the €20,000 directly and $BTC (+0,79 %) or whether I should let the target run via the normal savings plans and use the €20,000 for another investment such as $IWDA (+0,6 %) use.

A few more details:

• Age: 27
• Monthly savings plans: 3000€
• Investment horizon: Until 2050, then early retirement
• The portfolio will contain $PUM (+2,68 %) and $DX2D (+1,02 %) still sold
• I am aware that there are overlaps, but this has to do with the fact that I have divided my portfolio into retirement provision and house purchase. In the respective sub-custody accounts, one is the $VWRL (+0,35 %) and once the $IWDA (+0,6 %) in it.

Thank you very much in advance!

$3350 (+0,11 %)
$MSTR (-0,47 %)
$BTC (+0,79 %)
$TSLA (-1 %)
$MARA (-1,92 %)
$BLOCK (+4,79 %)
$HUT (-5,55 %)
$CLSK (-1,41 %)
$RIOT (-0,33 %)
$COIN (-5,96 %)
$DAPP (-1,74 %)

Following the purchase of 1,234 additional BTC, the Japanese company now holds $3350 (+0,11 %) now holds 12,345 Bitcoins, overtaking Tesla's 11,509 BTC. This makes the company the seventh largest corporate holder. The company plans to reach 210,000 BTC by 2027. $BTC (+0,79 %) by 2027. $MSTR (-0,47 %) continues to lead with 592,345 BTC.

$ADA (-0,38 %)

Hi, so far I only have $SOL (+0,64 %) in the portfolio and want to add another cryptocurrency... Do you think it would make sense to open a Cardano position now?

Or do you think I should rather build up a "core" with $BTC (+0,79 %) build up?