Member Info for BigDave13

All of the treasury companies disclose their purchases. Same rules need to apply for any disposals for consistency and transparency. This will help remove confusion and weekend speculation.

A couple of thoughts. The Directors could voluntarily agree to a 12 month lock in for their options granted under the team option pool which leaves them plenty of time to exercise from next summer. On the warrants, most/all are subject to an acceleration clause at vwap 11.25p. The company could serve notice to those warrant holders when (hopefully) the SP is pumping again and there is good daily volume to absorb the additional shares with minimal impact.

Yep, the range is 3.75p to 13.5p with various expiry dates thru to Sep 2027.

Yes that is strange. They purchased 6.1794767 BTC on 04/07 and a further 2.52 on 08/07 for total of 8.70 BTC. Now reporting today reduced holding of 5.2803802 BTC although no mention of purchase/sale.

Seem to be stretching out use of available funds. I estimate £2.7m cash remains, enough to buy another 30 BTC.

Https://x.com/WrightmanAIM/status/1944680917722918969

from 49:50

General meeting (to be held at 14:00 on 17 July 2025)

Further exercise of options & warrants. I have tracked the total outstanding based on the last year financials and the subsequent exercise notifications. Still some way to go, about 5.5% of current shares in issue

Options: 15.2m / £1.045m

Warrants: 7.05m / £264k

That is right, issued but not listed. When do the investors pay over the cash. Is it on Thursday or once FCA approved for listing? If now, can the cash be utiilsed by CLAI immediately?

How will investment opportunities identified by the new team be funded. Sale of legacy investments which are at their lows won't bring in much cash so likely another placing?

Anyone know if Clai has a developer building out the subnet AI?

After the raise, there will be 97bn shares in issue plus Jim has options for another 13bn or so plus maybe a further 50bn warrants in play. Going to need something special to lift the SP from here I am afraid.

Go Vela!

Shares in issue is 157m so TR1 would be triggered around 4.7m holding. Keep buying!

Fair enough, the last 4 buys have been quite consistent in terms of day and amount. Should all even out in the end, especially with BTC pumping. I make it that there is still £3m+ available, let's see how they proceed with utilising these monies.

Presumably pay in £ and convert to US$ for comparison only with var to ATH due to fx.

It seems that each time they buy, it is all done on a particular day rather than DCAing over several days. Always be buying at the top.

They have cash from the 03 Jul raise plus some which should have been utilised last week already. Curious to know what the strategy is in terms of raises and time to purchase. Raised at 18p vs 25p now yet the money sat in the bank with BTC booming?

Seems about right, EoY cash was reported as £0.9m. Maybe 4 BTC equivalent, incl the ETF.

They have at least £4m cash, including from last raise which should have already been deployed into BTC, at what would have been 10% lees than what they now will have to pay. I do feel they need to be a little more proactive here, hopefully the GM which starts now is the beginnings of a new dawn.

New ATH.

Maybe a 7am RNS of BTC purchase

Looking good for tomorrow's GM at 9.30CET.

Fri FOMO as we enter the banana zone

This may be it, with MP. From 6:59:55

https://x.com/TimKotzman/status/1942544026877714886