DMG Blockchain Solutions Inc (DMGGF)

[77Port]

Ok. But you're only stating the pessimistic side. The reason this quarter loss occurred is because they cut out smaller hosting clients in order to replace the spaces with their own new miners. Their own miners are coming in at about 450 per month for the next few months, pushing DMG to the 2 exahash level. This will significantly upgrade their mining abilities. If we believe in the long term value of bitcoin, then future earnings matter. Again, it's why a person would buy a speculative stock like DMG. So it's clear that this loss is an investment into increased future income. He accurately explained this quarter's loss. That's what you want a young company to do.
Also stated was $45 million in cash on balance sheet.
Also stated was their hodling, not selling bitcoin, including those bought at $52k.

You may not like or accept the optimistic view, but it does honestly balance the pessimistic view.