Post by
phoenix_trader on Jan 16, 2023 11:17am
DMG still huge value - 105 BTC Dec
Compare that to HUT's 167 BTC Dec.
DMG's Market Cap is about 12% of HUT's and comparable discounts to the other top miners.
Should see Y/E financials soon, maybe investment writeoffs and other clear the deck impairments but with almost no debt, Bitmain credits, immersion on the way and likely transfer of Iris's miners from Canal Flats to Christina Lake, added income.
DMG runs super lean in compensation, a metrics no one has explored yet.