
The Milk Road Show The Shift From Crypto Cycles to Structural Growth
Mar 26, 2026
Jamie Leverton, CEO of Reserve One and former data center and Bitcoin mining executive, discusses crypto’s move from boom-bust cycles to structural growth. He covers how halvings may matter less, why regulatory clarity could unlock capital, the rise of institutional adoption and tokenization, and which emerging tech and use cases are worth watching.
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1010 Shock Shook Traders And Retail
- The October 10 shakeout (1010) created heavy leverage losses and hasn't fully settled.
- Jamie links that event to traders and retail being shaken out, coinciding with a cycle turning point.
From Data Centers To Bitcoin Mining
- Jamie's entry to crypto came through data center work and running a Bitcoin mining company in 2020.
- She explains a Bitcoin mine is still a data center, which made the technical transition natural for her career.
Tokenization Solving Real Financial Problems
- Tokenization and real-world asset (RWA) work are starting to solve concrete financial problems on-chain.
- Jamie points to Securitize, FIGURE, and equity lines of credit on-chain as meaningful real-world use cases.
