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23 sats \ 0 replies \ @BlokchainB 2h \ on: Alphabet Quarter 1 (FY 25) Income Statement Stacker_Stocks
$90B in revenue crazy
Over the last decade, the abandoned skyscrapers littering China’s skylines have become emblematic of the country’s real estate woes.
Even with all the trade surpluses they still struggle with construction abandonments
I will say these types are a risky play. The idea here is to grow faster in fiat terms than what you can get just holding bitcoin.
For example bitcoin is just under $2T in market cap. To go up 100% in fiat terms you need the market cap to go up to $4T meanwhile some miner only has a market cap of $200M as the price goes on the way to $4T that miner will catch a bit from investors looking for growth. This the market cap of the miner will be bid up to maybe $2B which crushed the bitcoin returns and then you can buy more bitcoin with the fiat gain.
Day #289 of nut 🌰 dropping 🥜 in the Saloon
cashu:cashuBpGFtd2h0dHBzOi8vbWludC4weGNoYXQuY29tYXVjc2F0YXSBomFpSAD_1IuPXs-AYXCBpGFhAmFzeEAwOTczYmJmN2RkNDk4YTg0MWY0MWYxNTQwMDU3ODI4N2M2Y2ZiZDRiMWE0NDQ2NDhmYTQ3MWI5MGE3YzM0ZDgwYWNYIQKilfPujbtiqm_X8DHu3ATEksJUt4O2Y2jg6KEcNjbN_WFko2FlWCBjPwqTh-WI3MJITKTy2AT8axrCHEscJXs3DOH8AAzMLWFzWCCyA45X3bXzkOBCbWc55bGQPAdzGPGA4PUvTSgFk31MIWFyWCCkHSq8kkbDk4uyYDYzprHpEGntX5vAY0ZL9AH6Q8F4rGFkY1lheQ
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