VALUATION OF REAL OPTIONS WITH LEARNING PROCSESS ON BITCOIN MINING PROJECT

• Main Author: AULIA LISTIA (NIM: 10114037), SYIFA
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/31197
• Institution: Institut Teknologi Bandung

Bitcoin is a potential investment asset in cryptocurrency because it has volatile price fluctuations with high volatility. In this final project, to maximize the investment in bitcoin mining project, the strategy analysis will be used is real options method so it can include the decision that will be taken in the future. Furthermore, bitcoin is a high risk asset so learning about the project before making an investment will have an impact on the return in the future. By using real options method with learning options feature we will do strategy analyisis for run bitcoin mining project with fluctuating bitcoin price, monothonic increasing price, and monothonic decreasing price. The method that used for the valuation of project and real options is binomial method with time varying and trinomial methods with volatility changes. After analyzing the strategy for bitcoin mining project, we will get some decision reference choices in order to maximize the return of investment on the project in the future.