$Bit Brother(BETS.US)$huge recents news , offering is just delay the squeeze time but more whale to load it purchased 3300 units of Antminer S19 miners, injecting powerful momentum into its Bitcoinmining operations. This substantial investment is expected to propelled Bit Brother's total hash rate to 400,000 TH/s assuming the 3300 units are fully functioning, further solidifying its emerging position in the cryptocurrency mining arena. The Company's technical team, through relentle...
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Charles Wellington :
Offering helped with squeeze to be honest. Yesterday alone 80% (~80 million short volume) increase I can’t wait to see today’s short information, tomorrow. If anything they just made the squeeze possible.
jorncena96Charles Wellington:
to put this into perspective. MARA mined 1242 BTC in September so per year they average 14904 BTC a year. That equals in $670,680,000 in BTC a year. Their market cap is $3,600,000,000. If we mine 144 BTC a year or $6,480,000 in BTC and our market cap is currently $6,990,000, then the 5.38 market cap/yearly bitcoin revenue ratio should put the market cap at $34,862,400. This is a stock price of $0.15. That’s not including the assets they have.
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it purchased 3300 units of Antminer S19 miners, injecting powerful momentum into its Bitcoinmining operations.
This substantial investment is expected to propelled Bit Brother's total hash rate to 400,000 TH/s assuming the 3300 units are fully functioning, further solidifying its emerging position in the cryptocurrency mining arena. The Company's technical team, through relentle...
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