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dipbuy

03/06/20 8:17 PM

#44261 RE: ddaurelio #44260

That's right.

INTV's market cap went as high as 54M. RIO*T was around 300M during that bubble. Today they have 4x more miners than INTV and their market cap is 32M whereas INTV is 1.18M. INTV should be trading at 10c if compared to today's valuation of RIO*T.

Strategyone

03/06/20 8:27 PM

#44262 RE: ddaurelio #44260

ddaurelio, great analysis.

Corrected for OS increase, a similar run of BTC to $20K would be similar to a $2ish price range for INTV.

Looking at historical performance during previous BTC halvings, BTC will likely go higher than $20k. My year end estimate is $50k+.

All this said, INTV is in a lot of control of where the share price will go in a substantial run up in BTC. A huge factor lies in what INTV does with their mining payouts. If they keep cashing in all their earnings to pay electricity and other costs, INTV will NOT sustain a much higher valuation. If, on the other hand, INTV can demonstrate in quarterly reports, that they are banking and holding a high amount of the crypto mined, they will then be able to project much higher earnings to expenses. Then the sky is the limit.

GLTA

Bulliesmakecents

03/06/20 8:32 PM

#44263 RE: ddaurelio #44260

I can’t remember off the top of my head but I believe the os was less than 10M when it hit $6.74.

And now the os is about 8 times larger and so I figure a solid .80.

HOWEVER, the operation has now multiplied in size, potentially debt free, energy expenses are some of the cheapest and now with the halving, to reiterate your point- this could easily brake $2 with all these X factors.

Hope every one is loaded up :)

ap17

03/06/20 10:33 PM

#44265 RE: ddaurelio #44260

But even at $2 to $4, I know a lot of us here would be pretty happy campers!!


Agreed! @ $2 most of us start shopping for a new car or boat. @ $4 it's Real Estate. @ $33 it's a sport team.