RE:Someone should do thisNow this company is giving me a bit of a scare. I went through all the Financials and they wont give a balance of the crypto they hold. As per old financials, they did NOT hold ANY cryptocurrency as on December 31, 2019. They have mined around 1900 BTC upto June 30, 2020. And in those financials as well, I dont see anything that shows how many BTCs they are holding.
They are either selling all BTCs or this is some really bad reporting.
I checked financials for HUT8, and they have way better reporting. All digital assets are disclosed by the number and even value.
I hope we are not being scammed out by Bitfarms
Redflags - They keep changing auditors, They keep changing Top Management, Cryptocurrency mining company not reporting cryptocurrency balance.
Disclosure - I own Bitfarms and have no investment in HUT8, but All this is going to make me reconsider.