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Stephen Zeiner
เข้าร่วมเมื่อ 5 พ.ย. 2011
Bitfarms + Stronghold = Yea or Nay?
I'm seriously seeking the views of Bitfarms shareholders regarding whether or not you support the deal for Bitfarms to acquire Stronghold Digital Mining. I've said that I think it's a win-win deal for both Bitfarms and Stronghold, but it's easy to dismiss my enthusiasm for the deal given that without it, many believe that Stronghold would've struggled to gain traction. Your thoughts?
มุมมอง: 207
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Bitfarms breaks down below $2 bucks as the price of Bitcoin falls backwards...
มุมมอง 3527 ชั่วโมงที่ผ่านมา
On the one hand, patience pays... Bitfarms is below $2 bucks again. If you were looking for an entry point, is could be it. On the other hand, this is majorly frustrating for anyone who is sick and tired of shares of BITF languishing in the purgatory of being under $2 bucks a share. What's it gonna take for current BITF shareholders to stop selling and for Bitfarms to attract more new investors...
The secret to getting Newmont back over $50 per share is to adopt a Bitcoin treasury strategy!
มุมมอง 759 ชั่วโมงที่ผ่านมา
Newmont has been making a staggering amount of money lately, yet the stock price is languishing. By contrast, a variety of different Bitcoin-centric businesses have seen their stock prices surge quite dramatically in recent weeks. You might think, "well, the Bitcoin-centric businesses have way more revenue and earnings than Newmont." But actually, what if it turned out that Newmont had dramatic...
Bitcoin nears $100,000... but will there be a US strategic BTC reserve?
มุมมอง 10416 ชั่วโมงที่ผ่านมา
Not only is Bitcoin higher today, but so are all the BTC miners. What a great way to end the week, assuming the miners remain up by the close. Question is, will the US establish a strategic Bitcoin reserve? If so, $100,000 Bitcoin might seem cheap in retrospect. #BITCOIN #BITF
Bitcoin up, Bitfarms down...
มุมมอง 89019 ชั่วโมงที่ผ่านมา
You'd think on a day when Bitcoin is way up, closing in on $100,000, Bitfarms would catch a break and close higher. You'd think that on a day when hash prices are up, and moving in the right direction, that Bitfarms would catch a break and close higher. But no... we're gonna seemingly test the $2 mark and possibly plunge beneath it. Why? Let's get into it...
Bitfarms $4.43! That's what the WSJ website reports as the BITF average stock price target!
มุมมอง 97221 ชั่วโมงที่ผ่านมา
Bitfarms closed today at around $2.17 per share. However, the Wall Street Journal website reports the average stock price target is $4.43! I just checked, so as of November 20, 2024 the average analyst stock price target for shares of BITF is $4.43. Let's discuss this.
Now that we can all get leveraged exposure to Bitcoin through IBIT options, are BTC miners doomed?
มุมมอง 193วันที่ผ่านมา
In a world where many publicly traded Bitcoin mining companies routinely dilute their shareholders to fund operations and have all kinds of operational issues along the way, might we all start looking at IBIT options as a way to get leveraged exposure to the price of Bitcoin? #IBIT #BITCOIN
Bitfarms trades lower on a day a lot of other BTC miners are down, plus the 20% that RIOT owns...
มุมมอง 258วันที่ผ่านมา
The really big question is whether we see sub-$2 shares of BITF in the near future... at which point, I really think that's a fairly obvious potential entry point if you don't happen to own any shares of the company. Also, it's easy to sometimes forget that RIOT owns nearly 20% of BITF, and that the potential by RIOT to acquire BITF and increase its operations substantially practically overnigh...
Bitfarms has an impressive Bitcoin mining fleet efficiency of 21 w/TH... this is REALLY important!
มุมมอง 17514 วันที่ผ่านมา
Bitfarms has an impressive Bitcoin mining fleet efficiency of 21 w/TH... this is REALLY important because the more efficient the BTC mining fleet, the more potential exists to generate incredibly useful sums of profitable revenue if/when hash prices really begin to expand. By way of reference, CleanSpark (considered by many to be one of the most ultra efficient publicly traded Bitcoin mining co...
Bitfarms is down 25% YTD while we're likely on the verge of a meteoric rise in the price of Bitcoin!
มุมมอง 92914 วันที่ผ่านมา
Hey Bitfarmers! We've got some serious work to do.... Bitfarms is down upwards of 25% year-to-date while Bitcoin has almost DOUBLED.... yeah, it seems like shares of BITF have some catching up to do. That said, I still think we're in for some market volatility that *could* push BITF shares back down below $2. There's little doubt that a rising Bitcoin price will lift most of the boats in the pu...
Bitfarms moving 20,000 Bitcoin miners into position at Stronghold Digital Mining...
มุมมอง 26114 วันที่ผ่านมา
Stronghold Digital Mining hosted its quarterly conference call earlier today. It wasn't a particularly inspiring quarter, as can be expected due to Bitcoin mining economics not having been optimal during the quarter. That said, Bitfarms is moving a lot of BTC mining equipment into position at both Scrubgrass and Panther Creek (the two mine waste to energy facilities owned by Stronghold Digital ...
I think Bitcoin gets to $200,000 this cycle... (and yeah, that sounds conservative because it is!)
มุมมอง 8614 วันที่ผ่านมา
Two major potential catalysts for Bitcoin skyrocketing higher: 1) the US federal government making a commitment to buy between 1 million and 4 million BTC in the open market; 2) the US federal government creating a pro-Bitcoin regulatory framework that's clear and simple, allowing innovation to flourish. From my perspective, only one of these is likely to happen... #BITCOIN
The end of the Stronghold Digital Mining daily update and the start of something new...
มุมมอง 16614 วันที่ผ่านมา
Hey my friend! It has been quite the journey... I'm proposing that we expand the scope of this channel to include other Bitcoin mining companies as well as a variety of other financial topics. Thoughts?
Bitfarms to acquire Stronghold Digital Mining... why am I oddly sad despite a financial windfall?
มุมมอง 1.3K3 หลายเดือนก่อน
I'll share my thoughts on the proposed Bitfarms acquisition of Stronghold Digital Mining. I'm oddly sad? I should be happy, but there's something that just feels bittersweet about this being what looks like the end of the Stronghold story as an independent company. NEWS RELEASE ir.strongholddigitalmining.com/news-releases/news-release-details/bitfarms-acquire-stronghold-digital-mining HOMEMADE ...
Stronghold Digital Mining has received numerous bids for all or parts of the company! Deal imminent?
มุมมอง 2823 หลายเดือนก่อน
Stronghold Digital Mining has received numerous bids for all or parts of the company! From my perspective, am SDIG deal is likely imminent. Assuming we get a positive response from Puro Earth, it's arguably just a matter of time before a deal is announced. It might even get announced at the same time as the Puro Earth announcement is made. Let's talk a bit more about what we learned from today'...
It won't surprise me if we get our Q2 2024 investor presentation date tomorrow or early next week...
มุมมอง 1073 หลายเดือนก่อน
It won't surprise me if we get our Q2 2024 investor presentation date tomorrow or early next week...
Stronghold Digital Mining surges 10% on OVER a million shares traded as Puro Earth decision looms...
มุมมอง 1453 หลายเดือนก่อน
Stronghold Digital Mining surges 10% on OVER a million shares traded as Puro Earth decision looms...
Mental health in the context of being a co-owner and shareholder of Stronghold Digital Mining.
มุมมอง 1344 หลายเดือนก่อน
Mental health in the context of being a co-owner and shareholder of Stronghold Digital Mining.
Shares of Stronghold Digital Mining get battered as the tech heavy NASDAQ gets slammed...
มุมมอง 1064 หลายเดือนก่อน
Shares of Stronghold Digital Mining get battered as the tech heavy NASDAQ gets slammed...
What if the Bitcoin network were being "secured and maintained" by a global IT security company? lol
มุมมอง 8594 หลายเดือนก่อน
What if the Bitcoin network were being "secured and maintained" by a global IT security company? lol
Bitcoin hash prices are painfully low, but Stronghold Digital Mining forges ahead as we wait...
มุมมอง 1214 หลายเดือนก่อน
Bitcoin hash prices are painfully low, but Stronghold Digital Mining forges ahead as we wait...
Pain is temporary, quitting is forever... or why to think twice before dumping shares of SDIG.
มุมมอง 1234 หลายเดือนก่อน
Pain is temporary, quitting is forever... or why to think twice before dumping shares of SDIG.
Stronghold Digital Mining is like a biotech company awaiting FDA approval... if it happens, boom!
มุมมอง 954 หลายเดือนก่อน
Stronghold Digital Mining is like a biotech company awaiting FDA approval... if it happens, boom!
Shares of Stronghold Digital Mining surge as PJM grid prices skyrocket with blazing hot temperatures
มุมมอง 974 หลายเดือนก่อน
Shares of Stronghold Digital Mining surge as PJM grid prices skyrocket with blazing hot temperatures
Stronghold Digital Mining awaits the Puro Earth decision while Pennsylvania makes headlines...
มุมมอง 1044 หลายเดือนก่อน
Stronghold Digital Mining awaits the Puro Earth decision while Pennsylvania makes headlines...
What I think may happen next with Stronghold Digital Mining if/when we're listed on Puro Earth...
มุมมอง 1584 หลายเดือนก่อน
What I think may happen next with Stronghold Digital Mining if/when we're listed on Puro Earth...
Stronghold Digital Mining Final Uncomfortable Truth: Our stock price may be permanently depressed...
มุมมอง 1464 หลายเดือนก่อน
Stronghold Digital Mining Final Uncomfortable Truth: Our stock price may be permanently depressed...
Stronghold Digital Mining Uncomfortable Truth #3: Gambling upwards of $250MM on MORE Bitcoin miners!
มุมมอง 1214 หลายเดือนก่อน
Stronghold Digital Mining Uncomfortable Truth #3: Gambling upwards of $250MM on MORE Bitcoin miners!
Stronghold Digital Mining Uncomfortable Truth #2: There may be NO buyout or merger, we're on our own
มุมมอง 1044 หลายเดือนก่อน
Stronghold Digital Mining Uncomfortable Truth #2: There may be NO buyout or merger, we're on our own
Love the analysis, I've been following the Golden Cross pattern and it's been a game-changer for my trading. I've learned to trade with low risk and high reward using a technique through the Earn and Learn system. Thanks for sharing your insights
Bought back in after my msty play. All good here
IMHO, I believe it’s a win for sure. The timing couldn’t have come at a better time in terms of the Bitcoin price at time of acquisition.
Bitfarms is innovative in that they are the only ones with a synthetic hodl. Owning 802 call options on BTC, according to the CME website, gives them control of 4,010 Bitcoin. They also hodl over 1,000 actual Bitcoin. Bitfarms has been a money maker for me since I sell ITM put options and ATM call options. Staying green on BITF.
Bitfarms shareholders do not get to vote on this deal, only Stronghold shareholders do. They already approved it so it will happen in the first quarter of 2025. I believe this and the Riot hangover has been keeping the stock down. I have been shorting my shares since then by selling at the money call options and it’s been going great. Once this deal gets done Bitfarms could take off. I can't wait 🎉
i think bitfarms will acquire stronghold and then riot will buy bitfarms which is good, i personally have shares in all of them
Riot is an absolutely terrible veiled suggestion. Riot has no business acquiring anyone until they demonstrate they can achieve an 80%+ oee metric. Stupid idea. Bitf needs stronger execution and much much stronger ir communication. Domicile in USA likely would help. They better hit their goals this year for exahash. All that achievable. But the massive quagmire now is fully diluted share bloat. That’s messy imo. Reverse stock split cute bs won’t cut it. I expect more and stronger forceful communication about progress toward their milestones. On time on budget
I really like what you're saying, and it makes sense on many levels. Question though, what do you perceive that the market "sees" in RIOT to be giving them a monstrous market cap of nearly $4 billion? (I'm asking because while you and I likely agree that the valuation seems nuts, it's the valuation they've got.) I'd love to see BITF get valued in a similar way one day. I think we all agree, as you point out: BITF needs stronger execution and much much more IR communication.
I still hold my SDIG shares. Not sure about Bitfarms yet, probably will wait for the acquisition to be completed and then will decide.
Hey let me get your perspective on this: do you like the idea that you'd be getting 2.52 shares of BITF for every 1 share of SDIG that you own? A lot of people I've interacted with in the SDIG community like the idea that their investment still has the potential to grow. If, by contrast, BITF had offered SDIG a cash deal of $175MM (around $50MM of that going to pay off debt), leaving just around $125MM in cash to be spread out among SDIG shareholders, the feeling was "wow, that's it, now there's no chance the value of my holdings can go up anymore." Just wondering how you feel about this? Are you happy it's a an all-stock deal?
I like the acquisition. However, I don’t like the dilution to get the deal done. JMO
Thanks for sharing your perspective, and I see it was liked (so far) by 2 others, so what you're saying likely resonates with other current BITF shareholders. As you point out, the deal probably makes a lot of sense, but the mechanism through which to get the deal done (paying for SDIG with stock, thereby generating dilution) isn't perceived as optimal. Oddly enough, that's probably the *one* thing that helps get the deal over the finish line for SDIG shareholders (many who are underwater insofar as their average purchase price). The idea being, hey, I'll be getting BITF shares in exchange for my SDIG share, this means that my investment still has the potential to grow. From the BITF perspective, $175 million (more or less, and that includes the assumption of $50MM in debt) is arguably extremely "fair market value." We're already seeing BITF deploying BTC mining machines into plug-ready data center slots at SDIG locations in western and eastern Pennsylvania. By contrast, the Sharon PA site is still being ramped up. The two SDIG sites can get filled as quickly as BITF can load them up with cutting edge BTC miners. With all of that said, the *only* way the dilution existing BITF shareholders will endure as a result of the SDIG acquisition makes sense is if BITF ultimately executes on a massive scale at both SDIG sites. Thank you so much for commenting and sharing your thoughts!
The managment disappointed and the growth is a problem for them,if they can catch up this circle bull ,is a big concern.But i do not doubt it can run to 4 USD ,just have no idea if bitf can keep up with iren,clsk these leader etc when the minings bull,I owned 15K shares before and now reduced to 5K,lack a reason to put more in this stock.
Thanks for the insight. And yeah, trimming back to 5K shares makes sense absent BITF making more progress.
BITF will do just fine. Just some slight fud because they didn't reach 21 EH before EOY. Still a bummer but they increased their mining efficiency which is awesome. The price of all miners remains very speculative and BITF will rise like all others.
At the end of the day, you're right - BITF (as well as all the miners) tend to rise and fall (to a degree) with the price of Bitcoin.
Honestly I do not feel strongly about prices going up. Been with Bitfarms for a long time. I bought more when it was 0.50 and have been selling covered calls ever since it was listed. I agree Bitfarms will not go bankrupt. When life gives you lemons….
No need to worry. Lift off after Short shackles released!
It's definitely going to be interesting to see what catalyst might lead to shorts covering. I suspect it'll start if/when the price of BTC moves dramatically higher from current levels and BITF (as well as the entire sector) start moving as well.
They need to definitely do a buyback, HPC/AI & get locked in with their E/H. I’m invested but man had this been tough
Yeah, I hear ya. I'm not sure a buyback is necessarily in the cards anytime soon (assuming you mean a share buyback), but deploying HPC/AI *could* very well start to change the story around Bitfarms just enough to begin attracting a fresh pool of investors.
Did the 20,000 miners arrive?
That's hard to answer definitively, but if/when we get a November BTC production update in early December, we might get more clarity regarding that.
Bitdeer also mines and produces machines.
That's interesting. I hadn't realized that. I just took a quick look at the SEALMINER A2 and the SEALMINER A2 Hydro have what, at first glance, appear to be impressive specs! Given the relationship that MARA has with Auradine (hope I'm spelling that correctly), it kinda seems intriguing to think that Bitdeer (market cap around $1.5 billion) *could* plausibly be of interest to RIOT (market cap around $3.71 billion) as well. I'm definitely going to dig deeper into the SEALMINER... but now I'm increasingly convinced that the entire industry should consolidate to create a small handful of truly massive, trans-national BTC mining operations. Thanks for sharing that! I've been so hyper-focused on SDIG that I haven't paid much attention to what else is happening in the industry.
Bitcoin goes down, Bitfarms goes down. Bitcoin goes up, Bitfarms goes down.
It can definitely feel that way sometimes! :-/
What would happen to Bitf if riot bought them out? Would it go to 5?
I wonder what others might think, but I suspect that a $5 bid for the rest of BITF that RIOT doesn’t already own would probably be a starting point for a very serious negotiation.
Hi! I misspoke at the ~4:20 mark by suggesting that BITF has over a billion shares outstanding. I think I meant to say they're "approaching upwards of a billion shares outstanding." They've got a lot of stock swirling around out there. Anyway, thoughts on attracting investor capital to Bitfarms?
473 million shares outstanding
LQR stock should start moving with BTC as they approved purchasing $1 million worth and holding it on their balance sheet as a hedge against inflation. They also approved accepting payments in BTC up to $10 million. Although I don’t think anyone would be buying alcohol with bitcoin right now, there is more adoption.
The answer is to sell $3 puts for $1 expiring a month out. Boom you got 100 shares for $2.
It also has to be mentioned that the miners are being heavily shorted. Wouldn't this have an impact too?
That’s a great observation. I just checked, and the WSJ site is reporting that as of October 31, 2024 just under 42 million BITF shares are being shorted, or about 11% of the float.
how many shares do you own? a 100% above trading price target is in fact, super normal on small stocks like bitf, so either you made this to convince yourself or idiots.
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Why Bitfarm.. good luck.. Clsk , Mara , Iren, Cifr … did better and if the market doesn’t like.. He is always right no Mather .. If we think and with nobles good reasons .. Market will Winn. so no Bitf for me..
I definitely don’t blame you. I’m not sure I’m really that inspired by any particular company in the space aside, perhaps, from MARA (mainly due to their massive HODL and insanely liquid options market) and to a degree CLSK based on their ultra low cost profile. But the thing is, BITF is poised to be an extremely low cost BTC miner as well.
ditch the losers and go with the winners. Too much drama with bitframs. Miners are up double digits and bitf is up 4% and like usually most likely will give it up.
I hear what you’re saying. Truth is, I think the entire BTC mining space has to be rolled up into maybe three, four companies at the most. To the extent RIOT is really serious about absorbing BITF into its operations, RIOT has gotta step up and pay the price that’ll get BITF shareholders to go for a deal.
Just wanted to point out that i'v notice since BTC broke around 95k and now 99.5k there abouts there have been trigger points and the miners are moving again, slowly but does anyone know that status of the short sellers? I think 100k will be a major reflection point but could be wrong.
Can you do a coverage video about Bit Digital Inc
I think BITF is getting read to nine the last of btc and transitions to AI computing power since they have the hardware the money and the energy needed to be independent
Arbitrage play on MSTR conv notes vs short miners, but shorts eventually need to cover. Then, miners to lift off!
Hope the 20,000 actually arrived.
If you think about it from a miners perspective, would you sell majority of your Bitcoin now or down the line when Bitcoin still has so much room to grow . That’s the reason why miner shares are not pumping , because they know they will get more bang for their Buck down the line in 2025. As soon as bitcoins price stabilize’s at high. We will see miners take off like a firecracker , they are all storing most of their Bitcoin saving it for that , expect for hut who may have sold a good amount to bring in my shareholders and keep them happy. Our time is coming just have to be patient .
I needed that 😁
its all about the short selling & the convertible bonds, watch the video from Rexfinance if you dont understand what i mean…🎉❤
I can understand frustration. I think nearly all miners are in consolidation situation. Thanks for sharing your insight.
Lol @ Consolidation
Miners are not as profitable anymore you’re better off holding bitcoin.
Yeah, that's the thing... BTC mining is insanely capital intensive, to the point where hundreds of millions need to be spent to upgrade fleets on a relatively frequent basis. The window to capture a return on that investment seems to often be relatively small. And the BTC network hashrate continues inching higher and higher, meaning that it's increasingly competitive. That said, just owning shares in IBIT (the largest BTC etf) represents direct exposure to the price of Bitcoin and buying long dated call contracts which are now available for IBIT can provide leveraged exposure to the price of Bitcoin. What value proposition still exists for BTC miners? I think that BTC miners who don't own much of anything beyond BTC mining machines are particularly vulnerable. But on the other hand, BTC miners with a HODL strategy as well as owning energy production assets and data center assets (that can be used for more than just BTC mining) definitely present something intriguing. I'm not sure the world needs dozens of publicly traded BTC miners - two or three mega "energy + data center + technology" companies who we recognize today as "Bitcoin miners" is likely the optimal differentiated (and hopefully ultra profitable) path forward for the entire BTC mining industry.
BTC options are definitely great for the industry, providing liquidity and most importantly hedging opportunities for institutions: you can invest in anything BTC related then hedge by buying an OTM put, or you can buy an OTM call to hedge against you missing out on BTC. I'm less optimistic on retail catching value prices on BTC options, because this is a huge market now, a 30 billion ETF that directly reflects a 2 trillion asset, so this will be heavily optimized by pros. Miners like Bitfarms are small caps, so there are less analysts covering them, potentially giving you market inefficiency and undervalued plays. You can even see this in Microstrategy, who now have a pretty large market cap, the OTM calls were dirt cheap until a couple months ago, until the stock became more scrutinized and options sellers realized they were leaving a lot of profit on the table by selling these calls, capping their upside. And now MSTR calls are extremely expensive. Meanwhile, miner calls are still cheap. But yes, BTC options are good for BTC, they can even push the price with gamma squeezes and exercising options, and the current trading suggests people are bullish, with mostly calls being bought.
Buying when others are fearful and hating the stock.. Before, I left Hive when I bought it at $4 cdn then it went up $7-8 cdn.. And with Hut 8, I bought it at $9 cdn last feb if only I held it, I could've sell it at $34-35 cdn now.. BITF, with all the future growth (cheaper renewable energy cost, 21 to 35 eh in 2025 and HPCAI plans), this stock at anytime will soar. I was missing those stock prices appreciation from my bets (hive/hut8) before.. I don't want to miss that opportunity now with BITF.. I will patiently waiting for it😊😊 I have roughly 50K shares in total now after adding today.
I wish I had as much hope as you do for the future of Bitfarms. Luckily, I sold all my BITF at $3.00 and I believe that was the highest we'll ever see it again. I'm afraid your 50,000 shares will be worth less than $50,000usd when you finally realize you need to dump this loser stock . Best of luck though.
@Organized.Chaos.00 i respect your view but you can't everyone's fortune. I still believe on Ben G and Bitf's future in 2025.. like I said, being impatient, selling hut8 immediately is my biggest regret and trying to avoid this happening again..
The bottom line with BITF is Riot trying to take them over with a bid of $2.30 and the old CEO FUD coupled with the fact that they missed end of Sept. EH target of 12 and still didn't get there at the earnings report on NOV 24th, now Ben is saying the 21 EH goal for EOY will now be some time in the second half of 2025 and the silence surrounding what's going on in Paraguay which should have been online already are all reasons to put your money in a different BTC proxy. Not to mention all the dilution! Sounds to me like Wall St is trying to pump the share price to dump the over 105 Mil. shares they own. This stock is a big disappointment. You have been warned.
The way I'm looking at it is Miner's are weeklies, and therefore you can be more agile with how you manage them, but with 1 month time frames on BTC options you're basically rolling the dice every time you get a contract.
The miners Product is Bitcoin.....so it stands to reason if Btc is rocketing upwards in Value, then wouldn't the large miners, that are Hodling, also rocket by larger multiple Particularly when the Forthcoming Earnings are going to be Insanely good,....you know because .........Btc = $250,000 ! its still a stock market and P/E still has meaning !
I think they only need to get to 15 EH by EOY to reach 4 bucks.
In the latest earnings call Ben already set up the investor to be disappointed and prepare for more excuses and delays. $2.50 was the highest price we'll see again.
Im sure these youtuber trying to get u as their liquidity for their OWN exit
Did the 20,000 miners actually arrive to Stronghold? If so, I would think they can reach close to 16 EH by the end of the year. This is assuming they have the employees that have the skill to get them operating. Thoughts?
Great video! Thanks
Not even in 5 years, unless they change CEO and company strategy.... while bitcoin skyrocket, BITF shares value are going in the complete opposite direction. MARA understand that Micro Strategy show the right way togo. Ben from BITF it's a scammer.
Bitf holder since q1 2024. It seems like bitf and other miners are inversely related to btc. 21eh mostly likely in 2025 instead of 2024. Post-halving pessimism has hurt a lot of miners. ETFs and mstr are more enticing than miners. I expect more atm dilution by year-end (only $72.9M cash at 9/30/24). Mgmt diluted shares back in mar 2024. Plus riot's 19% ownership isn't helping. Too many negative things hovering over us. 😵💫
You recall how Wall Street analyst prices SDIG at $22 and later $13 not long ago, and you said the same thing, ‘ they see something “ we not seeing. I’m trying to be positive, but we been through this already … Correct?
I sold all my BITF after holding it over a year since last earning report they missed year end ehs target. I made roughly 50% gain only. but I started reloading again for 10K shares @ $2.88CAD yesterday. now im holding BITF and IREN lets see what it will happen next month
Nice to see you doing BITF it’s a natural fit, and BITF I like.
Thanks! I'm not going to be quite as insanely hyper-focused on BITF as I was on SDIG, but it's hard to ignore a company that looks like an easy "double" (if not more) going into next year - at least based on the consensus average analyst stock price target published in the WSJ.
👍
If it goes to 4 dollars before before the end of the year, I'm happy
It might! I think the recent earnings call was kinda perceived as a bit of a bummer, but if the price of BTC (regardless of hash prices) keep gradually marching higher and higher, it's very likely to pull shares of BITF along for the ride.