$HIVE (+11,88%) is on the verge of breaking out. Target price $20 ++ Blackrock recently increased its position by 40%. Market capitalization below 1 bn. According to the latest reports, 9 BTC are mined daily. Will double my position. Opinions ?
Of course already busy with😌. The topic of how they generate energy for their mining infrastructure is particularly exciting (mainly hydropower Canada and Sweden already operational, Paraguay under construction with ~300 MW to my knowledge exclusively hydropower). Of course, the question of how they will continue to position themselves. Currently mining is the main operation and Paraguay will continue to be associated with it. If they switch to HPC/colocation, then things will of course get interesting here too😅🤷🏼♂️.
Unusually, miners have made up a lot of ground in the past week. $BTC (+0,18%) The price of IREN is relatively low and yet the miners are on the rise.
I have held my position in IREN and am curious to see what will happen over the long weekend. Ideally, BTC will rise to €95,000 and the miners will rise by over 15% again on Tuesday... we'll see, but as always it could go exactly the other way...
$BTC in euros, however, is completely irrelevant for miners irrelevant🤷🏼♂️ What is relevant is the exchange rate in dollars, which is of course completely different in euros due to exchange rate fluctuations kann🤷🏼♂️
Revenue growth in AI cloud services could be a harbinger of much larger AI data center deals.
$IREN (+8,01%) is fast becoming a force to be reckoned with in the data center industry. There are only a handful of developers with > 1 GW of secured power - let alone close to 3 GW!
Bitcoin cycles in the year of the halving. If September was green for Bitcoin, the following three months were all green. Bitcoin is up 11.5% this September and there are only four trading days (including today) left this month. Where do you see the Bitcoin price at the end of the year? My guess is $100,000 (currently $65,000).
75K$, I think that BTC is now behaving like gold and is no longer showing great volatility, but is rising slowly but steadily. Due to acceptance and scarcity, which are also rising steadily and slowly. It has become an accepted asset and more and more people are buying it out of conviction and for the long term. When interest rates fall, more money will flow into BTC. Due to the low volatility in recent times, significantly fewer speculators are interested in BTC because it has become too 'boring'.
