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Mike Bird, reporter at The Wall Street Journal, observes that efforts to financialise computing power are among the most compelling developments currently unfolding in markets.
This growing trend suggests a shift in how investors and market participants are viewing compute as a financial asset.
Bird has previously examined the consequences of shifting away from traditional financial instruments, highlighting the potential for a backlash from the bond market if its influence diminishes. He has also addressed questions over equity performance, maintaining that stock index gains remain valid even when concentrated in a few sectors. These topics reflect Bird's ongoing focus on how market structures and investor perceptions interact.