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Re: None

Friday, 08/16/2024 9:02:03 PM

Friday, August 16, 2024 9:02:03 PM

Post# of 2095
New stats

2.6M raise
5M loan
2M in btc sales

Approximately 10M cash raised last couple of weeks. 130 btc worth 8M. Nearly 6000 miners (s19s)

Recent build outs of plants is 275-300k usd a Megawatt. Last btc miner purchase of s21s was 300 north of 1M usd.

Even with 10M liquid and 8M bitcoin, with the losses just from operations and paying executives/staff...this only buys time.

Need 10s of millions minimum to even make a dent in the space. If not 100s of millions.

I do expect a jump in the stock. Lots of new warrants now at 2.93 a share. The company will want/need the cash and the investor will want to cash some out.

Wouldn't be surprised to see double digits by year end.
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