Meltem Demirors: Shift from O&G to bitcoin mining and data centers reflects industry evolution

Meltem Demirors: Shift from O&G to bitcoin mining and data centers reflects industry evolution
O&G history echoes in bitcoin mining shift

Meltem Demirors, general partner and founder at Crucible Capital Group, reflects on the intense social and political backlash faced by the oil and gas industry during her years working there between 2009 and 2013.

She draws parallels between the evolution of oil and gas, bitcoin mining, and now data centers, describing the ongoing transformation as evidence that time is a flat circle for deep technology industries.

Demirors has previously commented on market turbulence, highlighting the essential need for managing volatility risk as inexperienced investors enter the space in recent remarks. She has also identified strong return potential for early stage funds under $100 million, noting increased challenges from rising market efficiency in a prior analysis. These observations reflect her continued focus on financial strategy amid shifting industry conditions.

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