RE:Increasing hashrate to 4 EH/sThis companies SP is attractively priced I agree. RIOT mines 215 BTC and is $2.6B and this company mines 50 BTC in May and is worth $50M. I understand RIOT has a billion in cash but still... $1.6B for 215 BTC in MAy or $50M for 50BTC. DIGIHOST could double and still be grossly undervalued. Given the environment for M & A with RIOT and BITF I suspect digihost value 4 EH is enough WULF or CIPHER might be good aquiriers in this scenario. to be accretive even to MARA but I suspect . Even go down the scale to the midtier names and DIGIHOST is incredibly undervalued given they are cashflow positive and can organicslly drive rgowth. Who wouldn't buy these guys?!?!?!?
I would really like to see WULF go after these guys but who knows. I'm building up a position expecting M & A here.