Cloud Margin Pressure Crypto Outflow
The prisoner’s dilemma facing major cloud companies could lead to lower tech prices, reducing capital flow into Bitcoin and crypto.
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"The business model is highly sensitive to falling token prices, which can erode the value of their holdings, hamstring fundraising and undermine the leveraged returns that attract investors in the first place."
"Public companies continue to rethink the strategy of permanent cryptocurrency accumulation in favor of real-world infrastructure."
"Either path leads to lower tech prices, which removes capital that would otherwise flow into Bitcoin (CRYPTO: BTC) and crypto."