Coin Citadel (CCTL)

[DawgTrading]

I mean 2 days ago i figured you were blowing hot smoke. But Im seeing more of consolidation in the industry happening quickly. Much more quickly than I thought.

But with RIOT being flush with cash and massive valuation, they could snap up up and coming competitors.

This one is a larger purchase RIOT purchasing Whinstones and CCTL doesnt rival them in terms of size etc. however since CCTl is building out infrastructure RIOT could just go and purchase out quickly, then provide logistical support to Tom, team, and funding. With such a high valuation throwing some stock to CCTL and cash to swoop them up isnt quite out of the realm, especially if RIOT is on a buying frenzy. Plus being based in US RIOT and Coin Citadel does great for Western economic power.


I say this if Whinstone is the largest miner in the US with about 300MW of capacity, CCTL is supposed to have 82MW at IL which is not that bad compared to the largest operation running currently.

https://finance.yahoo.com/news/riot-blockchain-buys-largest-bitcoin-115600103.html