Two weeks ago we officially became the private Spanish company with the largest Bitcoin treasury according to Bitcointreasuries.net. That might sound grandiose, as if we were holding thousands of coins, but the truth is far more modest and, at the same time, much more interesting. We did it with just 0.105 BTC.
The number itself doesn’t matter. What matters is the direction. For the first time, a Spanish private company has entered a list that until now seemed reserved for US and Canadian firms. Someone had to take the first step. We did it, and that makes all the difference.
My goal has never been to buy Bitcoin and let it sit idle. My goal is to make it work, to integrate it into a living system that not only preserves capital but produces cashflow. That is the essence of Sobtree: building a treasury that gets stronger with every market cycle.
That is why, after buying our first 0.105 BTC (the exchange we used), we immediately moved to the next stage of the plan.
The strategy is simple in theory but demands discipline: accumulate Bitcoin, pledge a small portion (never more than 25%) and with that collateral finance productive assets.
Our first asset was a mining rig.
We purchased an Antminer S19 XP Hydro, 246 TH/s, one of the most powerful and efficient machines on the market today. A heavy beast, with roaring fans and liquid cooling to sustain full power without burning itself out. We plugged it in more than two weeks ago, and except for minor adjustments, it has been running nonstop ever since.
And now comes the question everyone asks me: how much money does a rig actually make?