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#1405 Will Reeves | Bitcoin Company With 1,000 Bitcoin Is Going Public?!

The Pomp Podcast

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Innovative Approaches in Bitcoin Business Models

Companies that integrate Bitcoin into their business models are inherently different from those merely associated with cryptocurrency. A Bitcoin company with Bitcoin on its balance sheet has unique advantages compared to others that simply engage with crypto. In private markets, few examples exist, and public markets show a potential appetite for diverse Bitcoin-centric businesses. The concept of a Bitcoin mining operation, like Fold, can be reframed to minimize traditional resource burdens, such as hardware depreciation and electricity costs. Instead of competing for newly mined Bitcoin, Fold focuses on acquiring the 94% of Bitcoin already circulating, effectively 'mining' Bitcoin in a less resource-intensive manner. This innovative approach enables stability in operations, as it does not carry the challenges typical of conventional mining activities. Additionally, Fold plans to engage in financial strategies similar to those of established companies in the space, indicating a clear intention to carve out a unique space in the public markets while paving the way for future entrants.

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