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.
You got it.
But we still have to figure out the cost basis of all three from CORZQ. I've emailed Cores IR. Maybe I'll get an answer.
My 2,000 CORZQ became:
CORZ: 200
CORZW: 506
CORZZ: 433
So, on the warrants, each 10 shares of CORZQ became 2.53 CORZW and 2.11 CORZZ. In the last presentation, it was mentioned that the share and warrants might increase slightly.
Wondering how folks are allocating cost basis from CORZQ to CORZ, CORZW and CORZZ.
So, one share of GBTC equals how many bitcoin? Coincodex has this:
1 GBTC to BTC
0.00087667 BTC
But it fluctuates. I would expect that with a big bid/ask spread, but it's 2 cents.
And the share to BTC ratio should be stable at a specific amount.
It should be the CoinDesk XBX Index:
...shares are designed to reflect the value of BTC held by the Trust, determined by reference to the Index Price, less the Trust's expenses (1.5% annually) and other liabilities (no idea).
1.5%...going to be lot of outflows. People are cheap. 0% for 6 months for many, and much lower fees. BUT, the issue is also liquidity and how tight the spread is. But I'll hang with GBTC for a month.
If the approval plan is 25:1, that's what it will be.
They've been raping us with fees from day one. My plan is to wait for the ETF pop and sell. And buy the ETF with the lowest fee. So it would be almost instantaneous in my brokerage account.
I also have an Alto crypto IRA, but the transfer takes a while and want my sell/buy to be quick.
The only issues I see with all these ETFs is how much BTC each share represents. Hopefully all would be 1000th BTC, so easy to track if there's some representative crap going on.
Why bail? It'll be tied to BTC price soon enough and it's already been announced that the ETF fee will be competitive.
Well, at least I got my settlement check today.
$4k for me. I should have sold when I was up 40% but I was a pig and got slaughtered.
But I just read to be delisted on SA.
It lives as s software provider.
My only issue with the presentation is that growth appears not to consider Bitcoin halvening expected in April.
When it makes a new ATH I'll get excited.
We're here. We just have nothing to say.
I meant Letter of Intent, to be clear. Not memorandum
"Non-binding" and "letters of memorandum" mean absolutely nothing. The only thing that means anything is a contract.
Couldn't even hold $8. Crap.
Agree on the 60. The question is when.
How would the potential uplisting impact the 1 share represents 1/2 share UNVGY?
Because some people don't care about fundamentals, they only care about technical analysis...or name recognition.
Then explain the big move as soon as the decision was released
Any SCOTUS Decision Was Bad
If the loan forgiveness was ruled in favor, it was supposed to be bad for Sofi.
But it was ruled against, so I don't understand the drop.
Was no ruling better than any ruling?
Well, a little will be FDIC, some as the announced uninsured dividend. But we don't know the terms of their corporate insurance.
Yup. Nred an ATH for any congrats.
8s probably. 7.5 most likely, based on what you paid.
Agree that it needs to cool a bit. Meteoric rise was impressive, but meteors tend to fall back to Earth.
You mean the one from October of 2021?
Some shares and warrants for stockholder, maybe?
With creditors getting 97% that doesn't leave a lot.
Lost thousands and in a 401k, so not even deductible.
Sold everything for a dime this afternoon. I need to see what the shareholder plan is, date of record, and if delisted when they get their Q.
It won't matter until share price is above $5 and more institutional investors (prohibited from buying anything under that price) come in.
Seeking Alpha: "Why I Believe Bitcoin's Collapse Is Imminent"
"At the end of the day, the cryptocurrency deserves to fall far further from here since it is nearly worthless."
https://seekingalpha.com/article/4559849-why-i-believe-bitcoin-collapse-is-imminent
Behind a paywall.
Don't kill the messenger.
Solid as Jell-O
Oct 11
https://seekingalpha.com/article/4545948-core-scientific-solid-bitcoin-mining-play
The author is a... Can't even think of the words.
Now it's as solid as Jell-O.
No one was concerned about the billion dollars plus in debt, so I wasn't concerned about the debt, and I bought in big. I should have been concerned about the billion dollars plus in debt.
In a Bloomberg TV interview a few months ago they brought up the debt and it was brushed off like it was nothing. Bloomberg needs to dig deeper if they want to be taken as seriously as they think they really are.
Maybe I'll only lose five figures of Blackrock takes them out.
Was it FTX or Binance that had set up a fund for exactly this situation? Lots of press when announced, but no one riding in on a white horse.
Better her than Kramer
I think the issue is if you stake, you give up liquidity.
I seem to remember this being asked at some meeting a while ago, and they said no. Just email them and ask.
Here you go:
Rocket Lab Signs Agreement with USTRANSCOM to Explore Using Neutron and Electron Rockets to Deliver Cargo Around the World
The agreement supports the U.S. Air Force’s rocket cargo project which is exploring new transport concepts for sending supplies and equipment across Earth via space.
Beck: "Neutron builds on Electron’s capability with a much larger payload capacity, and it’s designed for frequent reflight, making it a perfect fit to enable fast deployment of vital resources while eliminating the en-route stops and air refueling required by air cargo solutions."
insert-text-here
Bloomberg reports the 15th now
Not me. Loaded up.