Compass Investments Arthur Hayes Says Bitcoin’s Going to $1 Million After an AI

📌 Arthur Hayes Says Bitcoin’s Going to $1 Million After an AI Credit Bust – Arthur Hayes says Bitcoin’s climb to $1 million depends on the AI industry’s credit problems, not its earnings. In a new essay titled “Situationship,” the BitMEX co-founder makes his case. He argues that AI data center spending resembles 2008-style debt speculation rather than 2000-style dot-com

Arthur Hayes says #Bitcoin could hit $1M if an AI credit bust follows runaway data‑center debt, not earnings. In his essay Situationship, the BitMEX co‑founder argues AI data‑center spending mirrors 2008‑style debt speculation rather than 2000 dot‑com excess, and a credit unwind could funnel capital into crypto. #Macro Insights# #ArthurHayes #BitMEX. Bitmex

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Arthur Hayes says #Bitcoin could hit $1M if an AI credit bust follows runaway data‑center debt, not earnings. In his essay “Situationship,” the BitMEX co‑founder argues AI data‑center spending mirrors 2008‑style debt speculation rather than 2000 dot‑com excess, and a credit unwind could funnel capital into crypto. #Macro Insights# #ArthurHayes #BitMEX