RE:RE:RE:RE:ETH HIVE Yup I don't own any right now, sold remaining last week. All good made massive return but it's inflated right now and will dip. I think it shouldn't have a market cap higher than 500-600M. I believe a healthy correction is needed...well hell your CEO sold all 10M of his shareS already and locked into a sweetheart debenture deal at a nice interest and zero risk. Lol. Talk about confidence of a top off here lol.
if eth doesn't continue to rocket and continues to drop this will follow...simple logic, 3.37 is way too high for hive at the current eth price IMO. Also, they mined less eth (significantly) in Q4 then Q3....those financials won't be great.
Other fear is a potential PP in the works or potentially a reverse split. Company has also not closed on gpu.one and hoping there is no hiccup on that front.