How CleanSpark Has Dominated The Bear Market | Zach Bradford | The Mining Pod
The Mining Pod | Blockspace Media
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Are You Using Equity to Buy S19s?
We don't maintain large cash balances. We actually maintain our treasury, I'd say 95% in Bitcoin. And when it comes time to an opportunity, we may liquidate that Bitcoin to go buy miners, right? It does mean we use equity. But if you look at the magnitude of separation, more often than not, as we've made these moves, it's been less dilutive,. So that's how we've looked at our equity is, you know, if the things we're buying are worth less, then it's all the same.
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