Post by
sylvain_007 on Apr 14, 2021 3:17pm
Who said this year they have 500 bitcoin
If it' s the truth, they are in a good position. Iread some articles and this company is in second position Back to HUT.
Comment by
NumbNutss on Apr 14, 2021 3:26pm
There is conflicting statements everywhere with this company, there are documents saying they hodled 489 btc end of 2020 and documents saying they had zero btc on hand. Regardless of the number, its clear hodling is not apart of their strategy as they mined just over 3000 btc in 2020, so if 489 is all they have to show for it, that is NOT GOOD.
Comment by
ThePower on Apr 14, 2021 4:21pm
End of the quarter, which means Q1. They literally said they were doing a holding program in 2021. The report was on Q4, but the statement was Q1 2021.
Comment by
B4UInvest on Apr 14, 2021 4:46pm
489 Bitcoins hodl on March 23 and adding 8 per day
Comment by
B4UInvest on Apr 14, 2021 4:50pm
Which means they should have 657 bitcoins hodl as of today
Comment by
B4UInvest on Apr 14, 2021 4:56pm
Which means that as of this moment they have $40,848,000 worth of btc in storage
Comment by
AlphaJ on Apr 14, 2021 5:05pm
They won't hodl 9 per day. Some has to be sold to pay bills..
Comment by
whodiligence on Apr 14, 2021 4:54pm
"With Bitcoin prices recently surpassing $60,000 and with over 500 Bitcoin in inventory by the end of the quarter, our financial position has never been stronger, and we are very excited about our prospects for the future.” Bitfarms CEO March 25th looking forward to those end of quarter numbers I guess