According to Sam Pelaez, chief investment officer at Galileo Global Equity Advisors, investing in a crypto miner is similar to buying a precious metal miner.
“If you have a lot of operational leverage when you buy into a mining facility. [The crypto miners] get the tokens, their margins are roughly 80%, but the reality is, you’re getting the tokens at a discount,” Pelaez told Kitco News.
- Source, Kitco News
