Private Money, Mined
CBM@cryptobigmartin
−17.7%
since Sep 30
The idea
I believe privacy is becoming something people pay for, as money and data get watched more closely. This basket owns that shift in three layers: privacy-focused money through a Zcash fund and its largest public treasury and miner, Bitcoin plus the proof-of-work miners securing it, and the cybersecurity companies protecting everyone else's data. It's spread across many holdings with steadier security names as ballast, keeps some cash to add on drops, and is meant to be held for years rather than traded on headlines.
What it owns
- Public miners secure proof-of-work networks and are increasingly renting their power capacity to artificial intelligence. · CoinShares Bitcoin Mining and Digital Power ETFIt holds a diversified group of miners and AI-power companies, capturing the shift toward public miners earning from both securing networks and selling compute capacity., Riot PlatformsIt signed a large long-term artificial intelligence lease while still mining Bitcoin, proving that miner power capacity is worth real money to AI buyers., Hut 8 Corp.It mixes mining with data center and power development, capturing the shift toward miner infrastructure being repriced as AI capacity., Cipher MiningIt is turning Bitcoin mining sites into data centers, the purest expression of miners being repriced as AI power infrastructure., IREN LimitedIt runs bitcoin mining and AI compute from the same power infrastructure, so it captures revenue from both sides of the miners-and-power take at once.28%
- Shielded, private-by-design money is the sharpest expression of the bet that people will pay a premium for financial privacy. · Zcash ETFIt is the first regulated way to hold a privacy coin in a brokerage account, offering direct exposure to private-by-design money as long as the fund stays listed with assets flowing in., Cypherpunk TechnologiesIt holds a significant share of Zcash and operates a major mining fleet for the network, so the take depends on the company preserving its treasury and keeping the fleet operational.26%
- Encryption, identity and zero-trust tools keep sensitive data private for every company, a steadier layer of the same theme. · First Trust NASDAQ Cybersecurity ETFIt owns the whole cybersecurity industry keeping data locked down, providing steady ballast against swings in coins and miners as companies keep spending more on security., ZscalerIt sells zero-trust access, meaning no one reaches data without proving identity every time, the locked-down world the take describes., CloudflareIt encrypts and shields a huge share of internet traffic, earning as more of the web goes private by default., OktaIt is the gatekeeper deciding who gets into what, and identity is the front door of data privacy as businesses centralize identity control., CrowdStrike HoldingsIt protects the devices where breaches start, betting that companies pay a premium to keep their data private as security spending grows.24%
- The most liquid proof-of-work asset anchors the take and sets the tone for everything mined. · iShares Bitcoin TrustIt holds spot Bitcoin at a low fee, anchoring the take on the premise that Bitcoin stays the base layer people move to when money gets watched more closely.14%
- Cash8%