Techcom Inc (TCRI)

[Potse]

Phoenix/Bitriver 300MW capacity agreement.....

I picked up another 20K shares at 20 cents following my last post on this board. Currently holding a little over 852K shares at an average a little under .096 per share.

It looks like TCRI is churning nicely around this $5-7M legacy share valuation area. Depending on the caveats/risks I have mentioned in previous posts, I think the chances are pretty good that TCRI will see the kinds of legacy share valuations that some of the other notable OTC crypto/blockchain stocks saw during 2021. I don't see any reason at the moment (fingers crossed) that TCRI can not achieve a share price of at least $2-5 (which would be a legacy share valuation in the range of $20-50M). APLD, MTRT and ARAT all saw legacy valuations above $30M last year.

The strong likelihood that TCRI could be destined for a Nasdaq listing should make it much easier to reach and sustain those kinds of numbers. Things seem to be looking a little more favorable for OTC stocks recently, seeing slightly better reactions to merger/acquisitions and more explosive kinds of moves.

Regarding the Phoenix/Bitriver agreement: A few days after the World Digital Mining Summit, Bitriver revealed in some of its social media accounts that Bitriver had entered into an agreement to supply Phoenix with 300MW of capacity. Based on the timing and how the announcement was worded, it appears 150MW of that amount would be available to Phoenix basically immediately. The announcement was made on Bitriver's Twitter account, its LinkedIn account, and Bitriver's CEO Igor Runets included it in his LinkedIn account........

During the WDMS, Bitriver have signed an agreement with Phoenix to supply 300 MW of capacity: 150 MW will be provided in 2021 and 150 MW by the end of 2022.

All the energy, which is 100% green will be used for hosting mining equipment.

During the WDMS, Bitriver have signed an agreement with Phoenix to supply 300 MW of capacity: 150 MW will be provided in 2021 and 150 MW by the end of 2022.

All the energy, which is 100% green will be used for hosting mining equipment. pic.twitter.com/BX32Hz7tTL

— BitRiver AG (@BitRiverMining) November 13, 2021

https://www.linkedin.com/posts/bitrivermining_during-the-wdms-bitriver-have-signed-an-activity-6865282351652589568-mnO2

https://www.linkedin.com/in/irunets/detail/recent-activity/