‘Risk assets are back in favor’ says Bitdeer exec

‘Risk assets are back in favor’ says Bitdeer exec originally appeared on TheStreet.

Bitcoin’s recent climb to fresh highs stems from a convergence of factors, Bitdeer CFA Jeff LaBerge tells TheStreet Roundtable. “Risk assets are becoming back in favor now,” he explains, citing clearer regulation and renewed macro appetite for growth assets.

LaBerge notes that ETF inflows and the emergence of dedicated Bitcoin treasury firms have added further momentum — a combination that, if history repeats, could extend the current bull phase another 12 to 18 months.

Looking beyond the traditional four‑year bull‑bear cycle, LaBerge argued that Bitcoin must evolve from a pure risk‑on asset into a true store of value.

He pointed to April’s volatility in equities, when Bitcoin rose about 15% despite a flat stock market, as an early sign of its flight‑to‑safety potential.

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“It’s going to have to transition from being just a true risk‑on, risk‑off asset to acting more like digital gold,” he said — a shift he believes will reduce extreme swings and broaden adoption.

Mining industry poised for growth

LaBerge also highlighted how the mining sector is benefiting from today’s rally. He explained that miners track “hash price,” which combines Bitcoin’s market price with global network hash rate to gauge profitability.

With hash rate relatively steady even as prices climb, mining has become notably more lucrative — older machines now yield healthy returns, while new rigs such as Bitdeer’s Sealminer A2 can generate a coin for roughly $30,000 to $35,000 in energy costs alone.

Looking ahead, Bitdeer plans to launch its Sealminer A3 this quarter, boasting market‑leading efficiency. LaBerge expects this next‑generation rig to boost both self‑mining operations and third‑party sales.

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He’s also securing more flexible energy deals and diversifying into high‑performance computing and AI data centers to build resilience against future downturns.

With a global portfolio spanning 2.7 gigawatts of secure power and onshore manufacturing coming to the U.S., LaBerge says Bitdeer is well positioned to weather any bear market — and help Bitcoin fully realize its role as digital gold.

‘Risk assets are back in favor’ says Bitdeer exec first appeared on TheStreet on Jul 24, 2025

This story was originally reported by TheStreet on Jul 24, 2025, where it first appeared.

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