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20:19
Jun 24
Gary Cardone Lifelong entrepreneur The David Lin Report
Stranded gas to Bitcoin beats storage.
Gary argues natural gas can trade for free while storage costs about $3 per year versus a $3 natural gas price, making storage uneconomic. Producers will instead use stranded gas to mine Bitcoin at low capital cost and hold Bitcoin on the balance sheet as a commodity. This will hurt natural gas storage providers and their intermediaries.
Natural gas storage providers
MED

About Natural gas storage providers Investor Commentary

Across the available history and selected sources, Buzzberg tracks Natural gas storage providers across 1 sources: 0 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 0% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Gary Cardone.