Post by
financetechy on Apr 23, 2021 10:35am
Reply to financetechy retireat45
Hey great welcome, maybe we can collaberate, yea thanks for some clean up, i was stream from top level
quick corrections right earnings dated March1st...i took Feb 21st by mistake as i was looking at all time high share price which was actually Feb 19
some good break downs on the detail, i did back of the envelope
however your section question about $75 mm Hodle - as of April 17th, well simply stating on March 31st their Hodle was $ 60 mm on Arpil 17th it was $75 mm gain of $15 mm on their total Hodl value, that was the only point.
My $850 k extrapolation actual does also take into account current gas fees earings est and mining/selling Eth classic plus admittedly a plug for earning some Defi income, but it was back of the envelope, so you say you get $470.000 daily and i said $850....so i will say we both are probably wrong...and I would only be right if Eth price were above 2500 by end of qrt....so lets agree the qrt ends at low side $103 million your number and on the high side $125 mm my number...I think we are both making the same point thats a fantastic multiple expansion.
Finally re cash and captial, i was referencing the Hive announcement on April 7th..."as end of qrt we have $ 36 million cash on hand" they were unclear if that was incuding capital expe of total free cash....so again my point was they have been growing cash dramatically from 3rd qrt
So we agree.... dramatic free cash flow from 3rd qrt results and Hodle value from $15 million to over $100 mm by June ending
But again thanks for filling in detail and drilling down to more specifics
Comment by
AlphaJ on Apr 23, 2021 10:36am
O thunk your an idiot LOL