Post by
odzie1 on Apr 14, 2021 8:53am
HODL vs. HIVE
So hive has a 1.8 billion market cap vs. Hodl being 34 million or a fraction of the hive market cap. Hodl has 350 bitcoin compared to hive having 320. I cannot explain in any reasonable way how hive is worth 1.8 billion and hodl only 34 million. Like were galaxies apart in valuation for similar businesses. I can confidently say that hodl is undervalued. That's 100% for sure. Coin Inventory (HODL) As previously announced since the beginning of the calendar year 2021 HIVE has been a Holder of all mined Bitcoin and Ethereum coins and has been banking them in cold wallets. As at the completion of our most recently completed fiscal year ended March 31, 2021 we held over 320 Bitcoin and over 20,030 Ethereum coins. Our strategy is to continue holding coins, as we feel that it will benefit our shareholders. The dollar value of our crypto assets at fiscal year end was approximately US $60 million and cash was US $36 million.