Post by
Lawyerup on Nov 24, 2020 5:28pm
Another Option ETHC
Still looking into this. It appears they are based on Ethereum tokens. Shows a p/e of 3.42, market cap is $25M, still looking how much Ethereum they have. Has been on a bit of a run because of the price of Ethereum going up. Was like 60 cents just a few days ago now about $1.02. I have this as info:
Ether Capital Corp is a Canada-based technology company. The Company is focused on investment towards central business for the Ethereum ecosystem. The Company invests in Ethereum’s native utility token (Ether) as a strategic asset and Ethereum-based businesses. Anybody have an insight into this company? If they have a lot of Ethereum tokens there market cap would have doubled over the last week. Just another one to consider.
Comment by
Dogman999 on Nov 25, 2020 10:22am
I loaded on ETHC in the .30s. They own Aprox 32,000 eth. Even more interesting is their ownership of MKR which produces the DAI stablecoin. So far management has made all the right moves (except for buying eth when it was in the $700s a couple years ago) and I expect this thing to go much higher as eth and MKR go higher.
Comment by
Lawyerup on Nov 25, 2020 12:13pm
Thanks Dogman for the info. I have added ETHC to my watchlist might pickup some with a dip. Seems a good way to play the Ethereum crypto. All the best, Charlie.
Comment by
Dogman999 on Nov 25, 2020 1:40pm
No problem, here's a link to real-time updates on Ethc portfolio balance. https://www.ethcap.co/portfolio