Every Company is a Bitcoin Miner
This report explores the thesis that businesses with robust free cash flows and sustainable competitive advantages are better positioned to accumulate bitcoin than traditional mining operations.
Click here to download or read the full document.
This week, we›re excited to share a report from Brian Cubellis, Chief Strategy Officer at Onramp & Partner at Early Riders, detailing the thesis that every company, regardless of size or industry, can act as a ‹ bitcoin miner›.
Instead of plugging in ASICs, however, companies can utilize their competitive advantages and excess free cash flows to accumulate bitcoin as a long-term treasury asset.
While bitcoin mining has been predominantly associated with specialized mining firms investing heavily in computational power and energy resources, a compelling argument suggests that every company, regardless of its industry, has the potential to function as a bitcoin miner. This report explores the thesis that businesses with robust free cash flows and sustainable competitive advantages are better positioned to accumulate bitcoin than traditional mining operations.
By redefining their strategic outlook, companies can leverage bitcoin ›s growth to fortify their purchasing power and secure a competitive edge in their respective market.
Click here to download or read the full document.