Geopolitical tensions in Greenland are heating up. Recent negotiations over mining rights and strategic defense have once again become focal points, involving rare mineral resources, missile defense system deployments, and complex interactions within the NATO alliance.

What is the core of this game? Greenland is rich in rare earth elements and critical minerals, which are the lifeblood of modern technology industries—from chip manufacturing to battery technology, and even blockchain mining hardware. When local tensions escalate, the supply chains for these rare resources face uncertainty.

From an investment perspective, the competition for these strategic resources often drives up the prices of related commodities. Rising energy costs and limited chip supplies directly impact hardware costs and operational expenses—including mining costs and node operation costs—ultimately reflected in market prices. The movements within NATO also influence global risk appetite, as markets tend to seek safe-haven assets amid geopolitical uncertainties.

In short, don’t underestimate these types of geopolitical events. While they may seem distant from the crypto world, they actually influence the entire Web3 ecosystem’s cost structure and market expectations through supply chains, energy, risk premiums, and other interconnected factors.