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Thursday, April 19, 2018 9:44:17 AM
Long term - this is a crazy industry ... if I was CEO my plan would be to repeat what he just did again - as Bitcoin is in the weeds right now and its the PERFECT time to buy up some smaller unprofitable miners and their equipment with preferred shares / equity stakes ... maybe even go PAST 2500 units ......
Once audited revenues are showing over 2 mil a yr I would
simply SELL INTV to a larger well known mining outfit at a
multiple X 2 million ....all along the way I would be cashing out
coins as the volatility of this unknown industry is
ridiculous and turns on a dime ... this industry is the WILD
WEST and only the strongest will survive long term in the end -
consolidation IS going to happen as smaller outfits continuously drop out of the mining landscape..... SCALE it and SELL IT - timeframe within 9 months to a yr !
Take note: Steve and team are doing a FANTASTIC job !
An amateur investor. Hope everybody makes money here !
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