COIN on AQUIS up 7% - |
Worth buying this when RNS stated fund raise on the way? |
BTC struts through 90k |
Yep, BTC struts through 90k |
Bitcoin going nutx -
almost 91k - |
Bitcoin going 90k+ - |
Micky mouse digital money, same old con, someone owns the money machine, it's just the same as BIS signing off trillions to their buddies, or to destroy other countries. |
And how do you think they are going to afford to install 23k miners somewhere else let alone find somewhere with the necessary facilities and power supply. Company a dead duck, better off moving cash to one of the large American miners. They were all up 20% plus yesterday. |
Very interesting to see where BTC goes -
May well pass the $90k mark today - |
jn
Thank you, if they manage to find somewher or not evicted and btc does achieve $100k, what value do you place on arb share price?
tia |
By way of reminder, the price of ARB’s bonds can be found here:
At the current $9.21 the bonds trade at 37% of par, indicating significant financial distress. |
srpactive,
”Seriously, what needs to happen for Arb to continue with dollar btc at 90k?”
BTC needs to get over $100k and probably close to $110k just for ARB to break even.
Then they need to not be getting evicted from their data centre on 1 Jan 2025.
Or, alternatively, they need to find a super cheap data centre to where they can move their aged creaking BTC miners to.
Or they could just sell the BTC miners … but they’re only worth $9m and the bond debt is $40m - hence value breaks in the bonds!
JakNife |
All
Seriously, what needs to happen for Arb to continue with dollar btc at 90k? |
Yes talk of 100k btc by January and arb looks like it is finishing mining end 2024. Really no coincidence,dyor. |
BITCOIN boom is here - pity ARB did not mine BTC...
No advice,
BWTFDIK
SSB |
Yes btc booming 87k and we are 8p, what a complete disappointment.
dyor |
BTC strolls through 88k |
BTC strolls through 88k |
Would have helped if they mined BTC.
No advice
BWTFDIK
SSB |
BTC wanders through 86k |
BTC wanders through 86k |
Mushrooms with caviar only. |
Indeed it does -
Juts below it now - |