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Monday, January 10, 2022 10:14:13 PM
But here is my slant on what is going on here.... try to reason from Ali's vantage point! I've mentioned this previously.... Why would a Billionaire buy an old stinky OTC shell... not bragging rights over cocktails... lol
Okay he has a purpose.... What do Billionaires like to do? make more Billions.... (bastards lol)
Ali wants to captalize on the whole crypto game but common sense suggests reduce your Capital exposure...... because there is a certain amount of uncertainty with it.... the fickle investment crowd and U.S. legislature that could impede growth.... I think the U.S. is still a world power and what they say goes... Bitcoin is still priced in U.S. dollars....
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So there is the whole risk element:
Case in point Elon Musk has stepped in and out of Bitcoin - he's one of the founders of PayPal and has a good working knowledge of currency.... but it demonstrates he has an uncertainty with Crypto (IMO) which is understandable from my perspective and he can dress it up anyway he want's for getting out.... using the environment card.... lol hell he fly's spaceships and makes electrical cars.... not exactly a tree hugger! lol But his time frame was relatively short and he worked the window to his advantage! He's been fined from the SEC in the past for making bogus Tweets for Tesla.... It's all about the money....
Now back to Ali - He buys this shell for 600,000 approximately.... and he owns 80% of stock... bless his heart!! Now Ali just paid out just over a half billion in mining equipment!?! And to get it functional in a building he probably will spend another 250 million to 350 million - lets say 1 billion up and running! But he rolls all this into TCRI and gets it up and running.... It would only take 6-9 months to get our market cap at 4 Billion (conservative by many's opinions) which would be approximately 60 dollars a share and he sells 40% netting him 1.6 Billion which gave him a 60 percent return in less than a year and he can leave the other 40% to be determined period of time.... maybe some day this is sitting at 150 to 200 a share?? who knows... depends on bitcoin? But his risk is nonexistent!!
I really think this is how he is going about it.... in my opinion.
and I think its rather genius!! ----- (take advantage of the window)
But what do I know? I'm just a farm boy who never went to college....
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bb50
Volume precedes price!!!
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