Bitfarms trades lower on a day a lot of other BTC miners are down, plus the 20% that RIOT owns...

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 overnight still exists -- for the right price. :-)
#BITF #BITFARMS #BITCOIN

[@Fr331995]

I sold a little over 500 sdig for msty and i gained 8.5% today. I will buy back into sdig or bitf after the new year. I love sdig but i see a play here.

[@TheDulgiq90]

I think the gap is larger. $2.15× 2.52 = $5.41 while the SDIG price is $5.15. I think hodling SDIG still makes sense, and I doubt the acquisition will crumble in this bull market.

[@Mikiko-s7y]

If no progress on bitf price, i will be happy they will be bought at $5 by Riot

[@stephenzeiner]

That's the not-so-hidden beauty of BITF... nearly 20% of the company is already owned by RIOT, and while an uneasy truce may exist today, it's very easy to see a scenario in which RIOT makes another play for the entire company.