just wrote about the only pure play scandium miner outside of china on my substack. bought some more today.
this is the next ai bottleneck trade.
theearlysignal.substack.com
1/ Just How Important is the @Visa Punk Buy?
On Monday, it was announced that @visa purchased a CryptoPunk. They paid 49.5 ETH for it. Currently floor price is 127 ETH. A nice 100%+ return in less than week.
That's pretty nice. But that's not the most important point here.
Almost 9 months ago, I was ridiculed by many for spending $150k on a Punk.
Today, @Visa is one of the first institutions to enter the NFT space by spending the same amount.
