Post by
kaston1951 on Mar 10, 2021 11:38am
The real mining that is most profitable is selling shares.
On paper and company representation these HUT dudes are tops,
RIOT for example are humble and on paper they have less mining rate, less of a Bitcoin stash,, they never made a profit but their market cap runs 7 to 10 times of hut's.
Hut is seeking to issue up to 500 million shares because they know that is where the real money and mining is; people's pockets, l can't figure why else?. Nice concept, for me it signals to bailout, a certain smell I don't like.
Comment by
LeJames on Mar 10, 2021 11:49am
When you connect all the dots, you'll realize it'll simply be huge ... (Bitfury George) . Millions of shares sold in the open market. Another millions of shares transferred. CIPHER. A potential $500M share offering ... What an impressive bunch of dots.