I see a group that is quite active in FIL mining: spent 14 million RMB to purchase 150 sets of servers, with a total storage capacity of 70PB. Even more outrageous is that between April and December 2025, they directly invested 16 million RMB to buy 1 million FIL to support their mining plan.

Some say miners are all exiting, so how is this group still increasing their stake? After thinking about it, the logic is actually quite clear—those who are optimistic add to their positions, those who are bearish sell off. It's that simple. FIL has such a large market cap, it doesn't lack individual investments, especially now that the price is so low.

My personal judgment is this: in the short term, it may still decline, possibly down to around 0.6; but in the long run, the market should rebound, although the gains might be limited, probably difficult to break above 3. If this wave of investment truly materializes, the subsequent data will be very informative.