That's. . . cute.
Another new (weekend) all time top price.
Warren Buffett is right: there is no "there" there.
And mining "firms" like Riot are in too deep to likely ever recover.
They will lose money, for. . . essentially. . . ever.
You heard it here first. And any idea that cratering the economy (via tariffs) helps Bitcoin... is silly. In the end, without a strong economy -- there is no appetite for risk-on assets like Bitcoin.
None. So. . .
Don't be surprised if Riot's stock hits $7 again -- long before it ever sees $15 again.
Onward.
नमस्ते
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