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The Biggest Opportunity of the 2020’s?
We Talk Money
Riot Mining: The Pros and Cons
Riot is one of the miners that does better when Bitcoin is rising, right? That's kind of the play, the play fundamentally here. These businesses have a tremendous amount of operating leverage and Riot is included in that. So yeah, as far as long term holders, I don't love these business models. Big questions around what valuation multiple you'll ever get on these things. Lots of risk, thin margins generally.
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