Lets look at assets and revenue for 2022 instead. They project $35 million in revs for this year, plus an asset of 5000 bitcoins. On an asset basis, valuation is $40k bitcoin price x 5000= $200 million/6B shares= .033 per share. Net out revs of $35 million for tax and expenses (-40%)= $21 million. $21 million/6B shares= .0035 x 20 PE= .07 + .033= .103 per share without hype.
News 
Market Data 
Discover 
