BitGo hit the NYSE with a $2.4B valuation and a promise of $120M EBITDA by 2028. Analysts call it “superior.” I call it another paper-crypto product priced for perfection. If you want Wall Street exposure, buy the IPO. If you want crypto, hold bitcoin and your own keys. Not financial advice.
BitGo’s $2.4B IPO: Great Story, Wall Street. I’ll Keep My Keys. Read More »
PureCane June 10th, 2025 This is not financial advice. It’s a wake-up call. From Whitepaper to Wallpaper: The Rise of Paper Bitcoin Once upon a time in 2008, the financial world set itself on fire with mortgage-backed securities that were about as secure as a wet napkin. In response, some brilliant shadow with a keyboard
From Whitepaper to Wallpaper: The Rise of Paper Bitcoin Read More »
Written by PureCane – May 12, 2025 You ever hear a story so predictable it loops right back to comedy? Enter: American Bitcoin is going public. And not just public — Trump-family-backed public. Because nothing screams decentralization like merging a politically-connected mining company with a Wall Street-traded husk of a hashrate operation. That’s right. Gryphon
Gryphon, Grifter & the Great American Bitcoin Publicity Stunt Read More »
PureCane | April 22, 2025 | LearnBitcoin.net Well look who’s back in the headlines: Bitcoin just jumped 5%, and suddenly every suit on Wall Street wants to talk like they’ve been stacking sats since Mt. Gox. Even the miners—those glorious giga-chads of the blockchain underworld—are moonwalking through market chaos. MARA? Up 13%. TeraWulf? Riding high.
Bitcoin Spikes, Mining Stocks Pump, and Wall Street Pretends They’ve Always Loved Us Read More »
