transition to become HPC or AI data centers. So, you took a bunch of the large players and basically took them offline. But, hash rate is coming back and almost back to all-time highs. My friend Will Clemente pointed that out. I thought that was a very uh uh important observation. Second thing, where is a net new buyer going to come from in order for price to continue to appreciate? Well, we know that the Bitcoin ETFs have done that. We know that individuals are still continuing to accumulate. But, now there is research coming out. I think it was Fidelity that
Well, we know that the Bitcoin ETFs have done that.