Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wow this one moves with ease with very little volume pushing it. These couple of tickers (ALPD and TCRI) should do very well next year. The Crypto space will continue to boom as mass adoption becomes more common place.
Mark out
The further into the month we get the more unlikely holders will be selling for tax purposes. At some point we may even see an increase in accumulation. Some may want to get an early jump on 2022. Should be interesting and exciting here with all that the Phoenix Group has going on and especially giving the fact that they are planning on including this TCRI shell into their early 2022 strategy for expansion. At least that's what Mr. Ali eluded to in his speech at the Dubai mining summit.
Mark out
Great update to the intro info. Thank you for that as I hadn't had a chance to get around to it.
Mark out
Not seeing any real price action and not seeing any dumping into the bid for the end of the year sell off. Still wondering if we'll see any kind of real sell off here this year? I wouldn't mind snagging a few more shares for the war chest.
No chatter anywhere in regards to TCRI, which is kinda surprising given the fact that the Phoenix Group is making some massive deals (some of the biggest ever in Crypto mining) and they have clearly stated that they have plans for this shell in early 2022. A bit odd and interesting at the same time. Perhaps the "word" hasn't quite got out there yet on this one??
Mark out
Yes, it is interesting.
Mark out
Didn't expect too much except perhaps a pull back due to the normal end of the year sell off. Maybe it's coming or maybe not? Hard to say, we'll just have to wait and see what transpires the last few weeks of the year. I'm ready to grab some more here if and when it does sell off. Accumulation could continue as well and that would be just fine with me also. I'll trade accordingly depending on the situation. And yes, the whole Crypto market has been in a pretty substantial pull back so with TCRI holding up the way it has is pretty surprising and encouraging. Thanks for your daily updates on this one.
Mark out
Wondering what this is all about? http://phoenixtech.org/
Mark out
Still waiting for things to materialize. Just wondering if we're going to have an end of year sell off on this one. If so, I will be buying more shares here as I'm thinking this one is going to do really well starting sometime in early 2022. Time will tell but I like the accumulation that is going on at the moment even though it's very small volume.
Mark out
I think things will start happening here soon enough. As Mr. Ali stated in his presentation at the World Digital Mining Summit in Dubai, they will making some moves with this TCRI shell early 2022. Not much longer for the wait and things could take off pretty fast thereafter, depending of course on what they plan on bringing into the shell. I'm thinking it's going to be the mining operations at very least. The Phoenix Group appears to be gearing up to be one of the big dogs on the block. At least throughout the middle east and increasing their ever growing presents here in North America.
Mark out
Yes, a bit of accumulation it looks like. Looking forward to some big players hit this one though (hopefully). Just dying to know what the Phoenix gents are going to be rolling into this shell. I've got a hunch that it'll be at least the mining operations and perhaps more. Not much longer of a wait until we find out, at least according to Mr. Ali.at the World Digital mining summit in Dubai.
Mark out
Reposting of Munaf Ali's comments about TCRI......
Munaf Ali's speech at the World Digital Mining Summit in Dubai was worth listening to because it provided his first comments about TCRI and also gave some interesting information about Phoenix's background, current status and future plans. The growth trajectory that Phoenix is on is extremely impressive. For example: Phoenix's mining farms in the United States are expected to come online in December 2021. Phoenix VC (the venture capital fund) currently has $500M of assets under management. Today Phoenix announced it has placed an order and paid for $650M of crypto mining equipment for its new UAE mining facility, and will place orders for $2B during Q3 2022 (see press release below).......
https://www.yahoo.com/now/u-e-based-phoenix-technology-074324202.html
Munaf Ali's speech starts around the 2:51:30 mark and ends around the 3:04:30 mark of the livestream replay. Munaf's comments about the TCRI shell can be heard starting at the 3:01:05 mark. I have transcribed what he said below.......
Quote:
Phoenix has recently acquired a US-listed entity for the purpose of listing some of the Phoenix Group's income generating assets on the US stock market. We expect to be able to share more information with you in early 2022.
Seems like things here are going to be happening pretty quickly so we will see in the not so distant future how things are going to play out here with TCRI . Mr. Ali indicated that early in 2022 they will be making some moves with this shell.
Mark out
Excerpt from recent article:
Phoenix currently has a mining capacity of 450 MW, but with the new installation in the UAE the mining capacity will immediately go up to 1.1 GW, and once they expand to other jurisdictions in the Middle East, Phoenix will have a mining power of 1.8 GW. Munaf Ali adds, “Once we expand our operations across the MENA region, we will have more than 10 percent of the global hash rate coming from the region. This will shape the region. Today we have interest from Kuwait, Bahrain and Saudi Arabia; this is cutting edge and will be an exciting time for the entire MENA region.” The expansion will be met with an additional order of US $2 billion worth of mining rigs in 2022.
Here is an excerpt from that Unlock article. Phoenix is already a major force in the mining space and they have big plans of immediate expansion. Seems like their mining business would be the most likely candidate to roll into TCRI. Time will tell certainly but it seems to be coming pretty quickly.
Phoenix currently has a mining capacity of 450 MW, but with the new installation in the UAE the mining capacity will immediately go up to 1.1 GW, and once they expand to other jurisdictions in the Middle East, Phoenix will have a mining power of 1.8 GW. Munaf Ali adds, “Once we expand our operations across the MENA region, we will have more than 10 percent of the global hash rate coming from the region. This will shape the region. Today we have interest from Kuwait, Bahrain and Saudi Arabia; this is cutting edge and will be an exciting time for the entire MENA region.” The expansion will be met with an additional order of US $2 billion worth of mining rigs in 2022.
Mark out
This is a great article that you posted. So much so, I decided to post it again. Thanks again for your personal take on things here with TCRI. Never disappointing.
https://www.unlock-bc.com/82100/mena-to-hold-10-percent-of-global-crypto-hash-power/
Mark out
Welcome aboard. Yes, the Phoenix Group has a lot going on and the money they are investing and generating in Crypto is insane! A lot to love here that's for sure. TCRI and APLD have similar share structures so the comparison is legit. Should get real interesting here in the not so distant future.Cheers.
Mark out
Super interesting mining video:
We may or may not? have our normal end of the year sell off. Sounds like, from what Mr. Ali stated, the Phoenix Group is going to be making some moves with this shell right after the first of the year. 2022 should be fun here as Mr. Ali and the Phoenix Group has a lot major stuff going on in the Crypto market.
Mark out
Similar to the Phoenix Group (at least part) is Core Scientific.
I always find these SPAC articles very interesting and it looks like the Phoenix Group is taking a sort of a similar route in going public through TCRI:
https://www.coindesk.com/business/2021/11/18/bitcoin-miner-primeblock-plans-to-go-public-by-merging-with-10x-capital-report/
https://www.coindesk.com/business/2021/11/18/bitcoin-miner-bitdeer-to-go-public-with-spac-merger-deal-values-company-at-around-4b/
And of course, Core Scientific XPDI
🚨 THREAD: $XPDI/@Core_Scientific -- the largest $BTC miner in North America that no one knows about!
— King Tut (@kingtutspacs) October 6, 2021
- Valued at a steep discount (~50% upside) to peers $MARA $RIOT $HUT
- SPAC deal priced in July when $BTC was at ~$33k -- today at ~$55K
- High conviction pick with perfect R/R! pic.twitter.com/l3Mz0oja9W
Yes things are looking good here but it does look like, at least for the moment, the end of the year selling has started early. I will buy more if and when the price goes lower. 2022 is looking promising for TCRI Lets see what Mr. Ali and partners have in mind for this shell. They have a lot to offer that is for sure.
Mark out
Here you go Moneyship, 10Q filing https://www.otcmarkets.com/filing/html?id=15357530&guid=IY3wkeHsBruuh3h
Mark out
Nice volume today but unfortunately the price is going in the wrong direction. Wonder what that's all about????
Mark out
As always, love the analysis and the added info. Keep up the great work and your DD, it's greatly appreciated!!!
Mark out
Finally got a chance to watch and listen to Mr. Ali's speech. My jaw hit the floor as I didn't realize just how large Phoenix group is and how much money was involved. From what Mr. Ali said, it looks like they are going to be using the TCRI shell to publicly list here in the U.S. I'm completely floored. Way beyond anything I could have imagined.
Mark out
A must read: https://www.yahoo.com/now/u-e-based-phoenix-technology-074324202.html
Mark out
Wow! You just made my day. I was starting to get discouraged but perhaps there is hope for this shell. Phoenix has some massive endeavors taking shape. WOW!!!
Mark out
Yea, and it's going to continue to be quiet until we hear from the company with some positive news. Perhaps we hear from them soon? or perhaps not??
Mark out
Hard to say until we here from these guys. Only speculation until then.
Mark out
Well well well, Our well known short seller (OTCX) is back. What do you make of that Moneyship? They haven't been around in awhile but I'm always on the look out for suspicious activity. Let's see what they do.
Mark
Yes, that is correct.
Mark out
WOW, Very cool!!!! As I stated before, I really like these guys at Phoenix VC. Seem to be pretty intelligent people. I've read some stuff on Alphabit Fund as well. They seem to have their stuff together as well. Pretty exciting times for sure. Still dying to know what they have planned for this TCRI shell. Just look what happened with the DWAC shell just these last few days. If something worth while is brought in, things could really heat up here. No bigger sector than Crypto right now either. Great find, thanks Moneyship.
Mark out
Looks to be totally unrelated.
Mark out
Still very much wondering what Mr. Ali and partners plan on doing with this shell? The sky is the limit with Crypto right now and for the foreseeable future.
Mark out
Thank you for the post. Another interesting read
Mark out
Or what APLD is currently doing. Big move over there and they're not even current with their filings.
Much better situation here with respect to that. All we need is a catalyst.
Mark out