GPU Debt Mismatches Could Trigger the Crisis That Sends Bitcoin to $1 Million, Says Hayes
Reported by Yahoo Finance · finance.yahoo.com · August 5, 2026
BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes, speaking on the Bankless podcast on June 22, 2026, argued that roughly $1.5 trillion in AI-related debt issued since late 2022 has absorbed nearly all of the U.S. M2 expansion over the same period – starving Bitcoin of liquidity and setting ...
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