Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I hear a lot of expectations of further pullbacks before the high 30s, I personally don’t see weakness unless a significant “surveillance/Coinbase custody” ETF gets declined. The narrative has flipped, I think people waiting for the big pullback are just suffering Stockholm syndrome. They’ve projected their 2022 pain and suffering into forever.
Anyone buying riot is buying the PPA and balance sheet, I don’t see their Texas only focus paying for them in terms of expansion. Their PPA is junk if it doesn’t accommodate a higher bitcoin price too. At the moment they get 300 btc or so worth a month for curtailment, that’ll plummet unless it follow the base asset.
20k hodl by the halving is actually quite possible for marathon. I’m intrigued to see if they manage to hit the 23eh this month, which is certainly what’s suggested and feasible assuming ercot doesn’t continue to scupper efforts. 25.8eh end of year, further expansion for Bhutan (hopefully), no concerns for me regarding the share expansion either, of they use it well (and time it well) I couldn’t care less