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