InvestorsHub Logo
Followers 10
Posts 962
Boards Moderated 0
Alias Born 08/27/2018

Re: trickledownfacists post# 522

Wednesday, 09/01/2021 7:42:41 PM

Wednesday, September 01, 2021 7:42:41 PM

Post# of 573
"... they need to triple their mining capability and need BTC above $52k, their break even."

That is exactly their plan. That's what he said on the call. But let's be honest, if bitcoin stays at $52k, this whole enterprise is likely going down like the Titanic. This boat only floats if bitcoin catches true value which holds up long-term. If that happens, then $52k will be a time to regret not buying in.

Don't forget, there are no guarantees because right now this is all still speculative. We have a-ways to go before we find out if this is real or whether the whole thing was Memorex. (Remember that commercial: is it real or is it Memorex?)
Nobody yet knows for sure, except Michael Saylor.