Post by
Bluedawg on May 11, 2021 9:57am
Sell some BTC!!
Hey Hut.....how about sell $5million worth of your BTC holdings and start buying some stock back to support your current stockholders.
Comment by
dizzydean on May 11, 2021 2:23pm
How about selling 1 BTC per week to buy back stock? Not a big impact to their hodl and it would show a committment to shareholders!
Comment by
bufordpusser on May 15, 2021 9:32am
yes, if Bitcoin drops back to $25,000 as predicted, managemnt conceivably will have cost shareholders somewhere around 105 million with the "hold" and not sell policy.
Comment by
watch22 on May 16, 2021 12:36pm
and when BTC went from $10k to $50k over the last year... management MADE shareholders somewhere around $150 million... one is reality the other is your projection... hmmm
Comment by
bufordpusser on May 16, 2021 3:14pm
You obviously don't know how to read a balance sheet. Management's irrational policy of holding and not selling looks to have cost hut shareholders millions as of today.
Comment by
biggerr on May 16, 2021 11:33pm
with BTC now at $43K and dropping they must be feeling like fools for not selling at $60K and going for the pipe dream
Comment by
watch22 on May 17, 2021 10:52am
Oh... I can read the Balance Sheet. This is what they held 9 months ago... and you're saying they should have sold? what's it worth today?
Comment by
bufordpusser on May 17, 2021 12:39pm
looks like they are claiming the value of the mined Bitcoin as cash in the treasury. which is misleading. everything is now murky when Bitcoin is treated as cash. it is not cash and shareholders will find out I'm guessing by the end of the year whta has value and what has not.