2/19/25 - $btdr - Building core position <$15
2/19/25 :: VROCKSTAR :: 
BTDR
Building core position <$15
- will post on this one a lot in the coming year(s)
- Jihan founded bitmain which supplies 90% of the bitcoin chips today, was kicked out and is coming back to own the whole industry
-BTDR is a semiconductor company that looks to the untrained eye as "just another miner"
- the smartest players want to own as much of this as possible. Jihan has controlling interest, he's not selling, so they'll need to hit the open market
- genuinely hope they send this thing back to sub $10, and i'll take it to a 10-15% position and probably with big leverage too.
- for now, i'm starting with a 1.5% position and will look to grow it.
- when i say you need to buy stuff within bitcoin that will outperform the bitcoin pair in the LT... and because otherwise you just become a beta punching bag (like the other miners that are price takers), this name making it's own chips can do just that.
V
BTDRBuilding core position <$15
- will post on this one a lot in the coming year(s)
- Jihan founded bitmain which supplies 90% of the bitcoin chips today, was kicked out and is coming back to own the whole industry
-
BTDR is a semiconductor company that looks to the untrained eye as "just another miner"- the smartest players want to own as much of this as possible. Jihan has controlling interest, he's not selling, so they'll need to hit the open market
- genuinely hope they send this thing back to sub $10, and i'll take it to a 10-15% position and probably with big leverage too.
- for now, i'm starting with a 1.5% position and will look to grow it.
- when i say you need to buy stuff within bitcoin that will outperform the bitcoin pair in the LT... and because otherwise you just become a beta punching bag (like the other miners that are price takers), this name making it's own chips can do just that.
V
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.