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Monday, 11/11/2024 9:17:41 AM

Monday, November 11, 2024 9:17:41 AM

Post# of 2098
If btc price holds, gain on btc holdings + bitcoin mined could exceed 8M revenue in Q4.

Considering just operating costs (taking out plant infrastructure for example). Net profit could exceed 4-6M for the quarter. That is q4. Not q3 to be reported wens.

Market cap 8M.

New 15mw plant has capabilities of mining 150-200 btc a year at full capacity. Roughly 15M. Excluding potential revenue of the rise in value of btc holdings. Cost to mine a btc with s19s is roughly 45k.

Forward PE currently for the entire year with q1 gain q2 and q3 loss and q4 forecast - is 1x

Forward potential PE is even less.

Even a 15 PE would value this at $45 a share.

It's no wonder the execs hold options at $30/share.

Big pay day inevitable.
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