Hivemind: Does Bitcoin Have More Fuel to Run?

Bullish:

• $GLXY - Galaxy Digital is seen as a promising investment due to its upcoming Nasdaq uplisting and significant data center project, which includes a $10 billion contract with CoreWeave.

  • “Galaxy Digital, they just announced today. They're uplisting on the May 16. Finally, I've held this thing for fucking five years.”

    Duncan·53:19

  • “They have this data center that this like, they bought this old Bitcoin miner in 2023 that they're converting into a data center, which is, like, potentially one of the biggest data centers in The US. And they've signed, like, I think, like, over $10,000,000,000 worth of contracts with CoreWeave to, like, build out this, like, massive data center in Texas.”

    Duncan·54:49
• $SOL - Solana is viewed favorably due to its potential to outperform Ethereum in the long term and its growing ecosystem, particularly in meme coins and AI projects.

  • “I think what you lose on that front is more than offset by the just general consensus around Solana kind of eating ETH lunch on a longer time horizon.”

    Yan·25:48

  • “I think Sol is very good. Like, I mean, I have a big, you know, percentage of the PA in Seoul, and it will stay in Seoul. But, like, I I think yeah. I think I don't know which which memes or agents or AI things will do the best, but, like, I know the winner or the couple big winners will probably come from those buckets of names.”

    Jason·40:37
• $HYPE - HYPE tokens are seen as potentially valuable, especially for large holders and market makers, due to significant fee reductions offered for holding substantial amounts.

  • “But then, like, I think you could have some big whales, like, actually go and buy I think that the top tier is, like, 500,000 hype. So that's, like, 10,000,000 or something if you're, like, a market maker. And you could, like, you know, maybe edge that out, but that that gives you, like, a I think it's a 40% reduction in fees.”

    Duncan·45:39
• $DATACENTER - The data center industry, particularly projects like Galaxy Digital's conversion of an old Bitcoin miner into a major data center, is viewed as a promising investment opportunity.

  • “They have this data center that this like, they bought this old Bitcoin miner in 2023 that they're converting into a data center, which is, like, potentially one of the biggest data centers in The US. And they've signed, like, I think, like, over $10,000,000,000 worth of contracts with CoreWeave to, like, build out this, like, massive data center in Texas.”

    Duncan·54:49