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CryptoGlobal Corp - Ordinary Shares CYXTF

Financial Services Asset Management Capital Markets
"CryptoGlobal Corp is a Canadian based company engages in the provision of cryptocurrency and blockchain technology services. It solves complex computational problems to validate transactions on the blockchain using a specialized equipment. It mines a portfolio of cryptocurrencies, including Bitcoin, Dash, Ethereum, and Litecoin. The company operates in one industry and geographic segment; the Digital Currency mining industry with all current mining activities conducted in Canada."


GREY:CYXTF - Post by User

CryptoGlobal Corp - Ordinary Shares > So if this is valued at $0.74 cents with the Hyperblock deal
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Comment by realitycheck00on Jun 10, 2018 3:45pm
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Post# 28151942

RE:RE:RE:So if this is valued at $0.74 cents with the Hyperblock deal

RE:RE:RE:So if this is valued at $0.74 cents with the Hyperblock dealJust out of curiosity, how is their EBITDA numbers less than spectacular? considering HIVE and most of the other blockchain companies are not even close to this number yet?  Would love clarity of your remarks and insight on what multiples you think the competition is trading at.

Future upside should be considered as this....They claim just under 30MW at current capacity with the ability to scale tremendously that could bring the EBITDA numbers up by 2X - 4X so how would the market treat a company with multiple revenue streams, not just mining?  Also keeping the hopefull consideration of Bitcoin going back up to the $20K mark after the institutional bull run that many are expecting.




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