Part 8/14:
The Significance of Capital and Infrastructure Strategy
This segment underscores the importance of access to land and power, both of which are scarce commodities. The company has invested heavily to secure these resources early, allowing it to scale efficiently and avoid the limitations faced by competitors operating in constrained markets.
They explain that the valuation multiples for Bitcoin mining assets are influenced heavily by the scarcity of power and land, with estimates from top banks suggesting that the underlying assets could be worth tens of billions of dollars if fully optimized. This strategic foresight positions the company well for future growth, even amid fluctuating Bitcoin prices.