On The Brink with Castle Island cover image

Weekly Roundup 06/17/22 (Celsius chaos, Market contagion, the Fed's Quandary) (EP.326)

On The Brink with Castle Island

00:00

Is There a Way to Dispose of Assets?

There was a lot of writing on the wall. I'd say cory clippinstine and mike alfred were sort of the only two that were supervocal. They have a pretty material mining business. That's not a a source of yield, right? Mining is basically a bet on the underlying bitcoin. So it's not really diversified exposure. It's also a liquid right? You can't realize a those funds you deploy into mining a for the useful lifetime of the asix,. Unless you sell the now they're there's an additional complication as if you're looking at bankruptcy.

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