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13 sats \ 0 replies \ @faithandcredit 16 Sep 2023 \ parent \ on: Fossil Fuels are Fiat Energy. Reorg of the mining space coming ⚒️ bitcoin
Because of the reasons you listed :) they fund their growth with debt thinking btc will go up forever. It's the same reason microstrategy bought btc with debt. They think btc will go up forever and they can't lose.