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https://twitter.com/qthomp/status/1722608853874004001The crux of the matter is their revenues will be cut in half in ~93 days. There are ~some~ miners who can operate slightly profitable at the current 0.08-0.09 TH/s hashprice, however most are not. You can assume breakeven is between 0.06-0.08 TH/s depending on the miner.
https://twitter.com/qthomp/status/1737457040925077739How much in $MSTR share sales?
https://twitter.com/qthomp/status/1615280275021340675Even w/ no new redemption requests, BX will have to gate withdrawals for at least next two months