Mining company Blockware's chief analyst, Mitchell Askew, stated that deficit spending and declining interest rates are driving global liquidity higher, while investors are concerned about long-term high inflation, as evidenced by the poor performance of government bonds since the rate cut in September. As a result, investors are turning to the bitcoin market, and trading in bitcoin mining stocks is in a "beta" state. Askew added that some bitcoin miners are also benefiting from diversification in the fields of ai and high-performance computing.