This is not only positive news. It could break the stock-to-flow model of Bitcoin's fair value.
If we see a massive overshoot of BTC's fair value based on publicly traded miners issuing debt to mine bitcoins without having to sell it, the whole market could become incredibly unstable when the sellers become comfortable selling. You could see bankrupt miners everywhere and a total collapse of hash rate. That's not a fun scenario to think about. A difficulty adjustment would then follow, allowing for the miners to recoup some of their losses. But too much instability could lead to a major loss of trust in the network.
But I guess it was inevitable that entities with deep pockets would be interested in bankrolling miners so that they wouldn't have to immediately sell.
Very interesting times. A bubble of epic proportions could be in the making.
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