Early Xmas present?If this keeps up and Bitcoin continues its march towards $50K, it MAY setup some early holiday celebrations for Bitcoin investors in the New Year.......
And January 2024 is looking EXTREMELY .....good........ for Hut & others.....
What about Hut 8? Well, if this keeps up at this "current" pace, $15us will be a distant memory and HUT will start challenging some of its old highs.............
I mean having almost ~!0k Bitcoins in your coffers must account for something? .....RIGHT?
You bet it does!
Just THAT alone will give HUt 8 incredible leverage for its stock........
My top 3 picks are still the same and nothing has changed.......Cleanspark & Hut 8 are interchangeable for the number 1&2 spot ......for different reasons......and then Hive (for now!) at number 3. DMGGF/DMGI remains the highly speculative micro play for those who want a cheap penny play in this sector. I would NOT rec'd ANY other penny play or small miner besides them. Stick to the majors IF you want to MAKE a decebt ROI and mitigate risks at the same time. There's no need to invest in penny spec plays or small miners which will not be able to compete when the Halving comes in a few months........
The BIG BOYS is where you want to be...........and ONLY DMGGF/DMGI for those who want to take MORE risk!
GLTA