AFTER THE CRYPTO BULL RUN, WHAT HAPPENS TO MINING COMPANIES?
<html><body><p><a href="https://www.brookings.edu/blog/up-front/2020/03/25/where-is-the-u-s-government-getting-all-the-money-its-spending-in-the-coronavirus-crisis/"><span style="background-color:transparent;color:#1155cc;"><u>After governments printed trillions of dollars to shore up the global economy</u></span></a><span style="background-color:transparent;color:#000000;">, they became the critical ingredient in a bull market spanning asset classes, from stocks, to real estate, to commodities, to crypto. Sometimes, those worlds coincided in a spectacular way. Blockchain and crypto stocks on U.S. markets started to feel like derivative products tracking crypto darlings such as Bitcoin and Ethereum by proxy.</span></p><p><span style="background-color:transparent;color:#000000;">Early in the run, stocks like <strong>MicroStrategy</strong> ($MSTR) made waves as they replaced U.S. dollars with Bitcoin on their balance sheets, rising over 360% over the last year. The success of $MSTR addin
