RE:BTC 12k I think the market is telling us that it has lost faith in crypto miners as a whole... so many have been halted, bad takeovers, late year end filings from the inability to get properly audited... there is definitely something wrong with the industry and all miner’s stocks are suffering. As soon as all the crooks and poorly run companies get pushed aside we should do well.. that could be months and months regardless of the price of bitcoin.
i think CSTR is the choice to hold in this industry, but tuck it away and don’t think too much.. It could be a while. A lot of noise on the offer side in daily trading which is consistent with all miners (well the ones that aren’t halted that is!). Don’t sweat it, it means nothing... when we run we will run quickly and little 25,000 offers on the sell side at .11 to hold us down will be a distant memory.