Yes exactly. That’s how they funded their operations. But they still HODLed the rest.

Yes exactly. That’s how they funded their operations. But they still HODLed the rest.

Where did you see that they sold 56% of their bitcoin holdings? I think you meant that each month they were paying their expenses with bitcoin, but they still have their HODL of about 17,000.

Where did you see that they sold 56% of their bitcoin holdings? I think you meant that each month they were paying their expenses with bitcoin, but they still have their HODL of about 17,000.

Where did you see that they sold 56% of their bitcoin holdings? I think you meant that each month they were paying their expenses with bitcoin, but they still have their HODL of about 17,000.

I doubt you had much success shorting this these past couple of weeks. This week it’s up more than 40% and this month about 150%.

MARA has more exahash than Riot and more HODL than RIOT. MARA is more of a Bitcoin play whereas RIOT is more of an energy play. Also, RIOT is having some serious legal problems in Texas and there is major insider selling.

It’s ridiculous that you’re saying to buy Bitcoin and at the same time calling MARA a scam, when Marathon is the largest Bitcoin miner in North America. You should do a little DD instead of posting misinformation on this board. Since Fred Thiel took over as CEO the company has really turned things around.

You obviously don’t know what blockchain is and you don’t understand the value of a digital currency. And you mention that bitcoin will become more expensive to mine, but you didn’t mention that the number mined will be cut in half. That will cause a supply and demand issue which will cause the price of Bitcoin to rise. I believe that most of the small miners will go out of business and a miner like Marathon will be able to buy out some of these for pennies on the dollar. It sounds like you are also overlooking the world climate problem. Marathon is starting to mine using renewable energy and this will enable these renewable energy companies to start making money. You should Google Greta Thunberg Bitcoin and you can watch a video where she says that she was mistaken about the value of Bitcoin and is now a spokesperson for mining Bitcoin.
Unfortunately for you, I think you are missing a once in a lifetime opportunity to get rich. Bitcoin has 3 cycles. Bear Cycle, Accumulation Cycle and Bull Cycle. I think we are nearing the end of the Accumulation Cycle and we are starting to see signs of the coming Bull Cycle. But maybe you will learn your lesson and try to catch this train in a few years when the cycles will repeat themselves.

Thanks for the video, but it is definitely outdated now. And how can you compare MARA and RIOT and not mention their difference in exahash/second? That’s 1 of the most important factors in determining the outlook for a mining company, especially with the halving coming soon.

You obviously haven’t done any DD and don’t understand how growth companies grow.

We have no idea of what’s going on behind the scenes. Either you have confidence in Fred or you don’t. Personally I do, and if he though the debt reduction was the right move, then I have no problems with this.

It’s possible. My point was just that it is well known by IHubbers and since many got scammed in the past, they won’t touch it. I lost a lot of money with Valens, so for me I would never invest in Sundial.

Most IHubbers know about Sundial. They have been acquiring other companies and all the shareholders of all those other companies lost almost all their money. It’s all a complete scam.

No

Or possibly the company is buying back shares

What’s with all the spam

What are you talking about? Mara is down over 5%. How is that a lead indicator that bitcoin will move up?

Actually when I see a post on here I click on it, but in the end it’s almost always you. I’m not invested in Sundial. I lost a fortune with Valens and I took my losses before they became part of SNDL. The whole time I was invested in VLNS everyone was talking about how SNDL was a scam. So I preferred to get out before I lost everything. I just check in here to see if I made the right decision. Since getting out of the marijuana sector I have put all my money in the Bitcoin miners (Mara, CLSK,Riot) and have gotten some of my losses back. But after being screwed over by Valens, I will never invest in this sector again. And I think SNDL is 1 of the worst scams of them all.

And Riot is up 95% in 1 month to Mara being up 67% in 1 month. They’re both doing great.

Are you serious? Last week it went from about 9 to 13.45.

It will depend on the price of BitCoin

Do you prefer they sell shares ?

Yes it’s annoying to have someone just continue to post about about the debt of a company without also posting the amount of cash a company has.

What’s your point? Giving 1 statistic means nothing and you do this on all the boards.

No he just goes to a lot of boards and gives the debt number which usually has no meaning or value.

These billionaires aren’t buying GWH. So why are you so excited ?

Says a Beanbrain

You seem to say that a lot. So I guess 39% of shares held by institutions doesn’t mean anything. And since the insiders that hold 44% are scamming themselves. And the fact they have $166 means nothing with just $6.5 million in debt. And I guess that a subsidiary of CMS Energy just signed a partnership with ESS means nothing. But thanks for sharing your in-depth DD.

You keep saying the same thing. What’s your problem

Why do you always only mention the amount of debt for all these companies and never how much cash they have?

I don’t understand why you go from board to board posting about the debt of all these companies. What’s the point? I understand that pumpers post about companies cash and shorts about how much debt. Is this what you call “entertainment purposes”?

Or it can make you more than 4K. But thanks for sharing your insights.

They were bought out by sundial

Select few? Maybe you were smart enough not to invest too much in this company. Or maybe you are new to investing in the stock market. But there are a lot more than a few who have lost a small fortune in this company and others like it. You should be grateful that they are sharing their experience instead of listening to all the ridiculous pumpers who don’t know what they’re talking about. We’ll see what you have to say a year from now. Good luck

Most of these marijuana companies exist just so the CEOs and their friends can make millions in salaries. The Valens company is doing the same thing. They pretend they are being a serious company by getting on the NASDAQ, but in the end they have to R/Ss just to stay compliant. They are all scams.

Of course there was news of a R/S. Lying is a felony ??

I think it’s difficult to squeeze a stock that has over a billion shares.

The problem is the 2.5 Billion shares outstanding and according to Yahoo the insiders don’t own that many shares.

Valens just released a new PR talking about teaming up with PMI Mexico. The question is who is PMI Mexico? Could it be Philip Morris International? That’s 1 of the companies that shows up with a Google search. That could be big if that’s the case.