Well, if I was going to try and do better, I'd probably start by spending the bitcoins I collected with the intention of spending.
we don't know that those are what he intends to spend.
he might be saving up for more. how much does 10 PT/s cost?
It could be collateral. If you are bullish on bitcoin (which I am sure Friedcat is), you would probably want to borrow in RMB and hold bitcoin if you can.