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Thursday, 12 December 2019

Ride ‘Em, Cowboy: Bitmain’s Marketing Gambit Ups Its Texas-Sized Position on Bitcoin

https://ift.tt/eA8V8J

Bitmain's new strategy of giving put options on bitcoin to buyers of its miners amounts to a "Texas hedge" – doubling down on risk, not offsetting it.

via CoinDesk https://www.coindesk.com/ride-em-cowboy-bitmains-marketing-gambit-ups-its-texas-sized-position-on-bitcoin

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