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Bit Digital (BTBT) – also eschewing my advice – will be exiting Bitcoin mining entirely to “become an Ethereum pure-play”: they will sell off their Bitcoin (which according to their March investor deck was 742 BTC) in order to acquire ETH – and sell off or wind down their entire Bitcoin mining operation. We’ve never owned BTBT, good luck.
RIP to BTBT
All the stablecoin volume are on crap chains. Plus banks and brokerages (Robinhood) are making their Own chains. I think the stablecoin rollout will be clunky at best until a bitcoin based one comes along that can be accepted across many sectors in the financial landscape