RE:BTC at $5,920 right now..I'd feel more optimistic if our management weren't up to their necks in conflict. We're missing the party if all units aren't firing. Any guesses on present inventory of BTC and ETH?
It would be helpful to know where they're at regarding Genesis' power play and which side has SHs' interests in mind. Our CEO told us about this disoute 7 months or so after it first became a problem. Why not sooner? Fiduciary responsibility.....
It's hard to form an opinion on some of this in the absence of useful info. Could the DIFFERENCE in hydro cost really be as much as $50 million, or is that an opening bid or attention-getter? What are the other breaches in the contract? Who will verify these? A court? Legal fees will eat half of it.
How would replacing the BoD with an all Genesis slate benefit us? Any takers?