April site financials very strong despite the decline in bitcoin prices.
On track for another record qtr. Margin expansion as low cost power contracts kick in. CASH FLOW POSITIVE on an operating basis for the F1Q and should be throwing of cash going forward.
Toporek addressed the lower price of bitcoin .... as well as capex declining by roughly $100 million as a result for this year's work ..... so in essence more than half has been raised already ..... and he alluded to the fact they have more financing discussion in progress and it wouldn't be a problem. The financing with Spring Lane and their endorsement ..... I think is a "spring board" to additional financing (at better terms) and recognition for the company.
I continue to pick off shares at prices I think are a bargain compared to where this company should be a year from now.