Applied Blockchain Inc (APLD)

[KingsKnight]

Well. Going to Be Interesting.
I agree, they have accomplished quite a bit. And, the prospects are good, but the cap size is getting a shave off today. Albeit on just a few trades. Back under $3. Whole crypto/equity sector been in a swoon. Hoping for the best here, but am concerned about 2 things. If indeed they are no longer a ETH mining company and that cap vs revenue generating peers MARA/RIOT etc.

'Grouse Hunter'
RE: KingsKnight post# 1978

Saturday, 01/22/2022 07:20:45 PM

Hard to say. They have accomplished a lot in less than a year. They completed a few rounds of Capital Raise with Accredited investors. Pivoted away from China when they were ready to begin mining. Started construction on several phases of data centers in North Dakota. Signed more contracts with some heavy hitters in crypto for more hosting. Getting close to uplisting to a big exchange and closing another round of Capital Raise. I believe once the S1 is approved and the up list is a go we will be hearing a lot more from APLD to support the stock price. They were constant communicators and have gone silent for a few months now. I bet there is lots to say about what has been happening and what the other future plans will be.