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@mwhite22 - "As a BTC mining company do we actually want BTC to go up at the moment."

ARB is not a BTC mining company (it's a blockchain company) but yes, best case scenario for ARB's business model of HODLing would be ease of mining during dip in market and then a return to the S2F model price assumptions longer term, in time to realise net phase of business development and diversification (ideally before the end of this year). This is of course also the most likely scenario so it's all good.

I think these comments demonstrate a lack of understanding about the model. Transitory factors like sentiment and dumping are not relevant to the macro trend. The model is exponential and allows for (very) large variation in short term prices but predicts that the overall trend will not deviate more than about 2 standard deviations from the central curve (it has stretched this a couple of times but so far the model has held remarkably well). This is about long term price not short term fluctuations and has no relevance to trading. It has huge relevance to investment potential as store of wealth.

This version has a clear explanation and illustration of movements
https://s2f.hamal.nl/s2fcharts.html

Yes, still well within 2 standard deviations of the modelled curve (and it’s deviated more than that a couple of times in the past). Current predicted price in the region of $86k

I don’t think dividends feature in the business model

Thanks Mike, great work

Why would ARB be £1.90 (up 28%) if BTC reaches $45k (up 12.5%)?

Just in case anyone is confused by the FUD, ARB continues to return 30 % points more than BTC since January which is outstanding (i.e. BTC is back where it was in January and ARB is up 30%)
https://imgur.com/GGvpj6V

That sounds about right

No-one complained when we went up 25% more than BTC the other day, we still hold a big margin

Don't think you've understood the Texas deal

I sense that's already in motion

yes, still some risks but on balance across the options it feels a lot more investable now if the directors keep on top of it. Bargain buy at this price.

Great to see some news and shareholder communication, I was losing the will to live but like buses you wait for ages then three come along at once!

yes, and if there had not been the same level of matched selling then that high demand for shares would have pushed up the price more in the run up, as it was a lot more people were able to load up at a discount on the NAV risked valuation/sh

yes, rather over-sold today, on dummy sales I'm being quoted for 20.87 for a larger number of shares or 21.14 for a small number

Another quarter of a million shares sold in the previous price range again this morning, keeping it down. Whoever is buying these up is getting a great deal.

Congrats to DW and the team for getting this long story in the ground on budget and on schedule, lots of confidence in the DD and information control, did exactly what they said. Fingers crossed now that the revised seismic targeting manages to hit the trap on the head.

Yes, I was hoping to see next ATH by end of Q3, and maybe $100k end of the year but equally happy to see where we are early 2022

https://cointelegraph.com/news/bitcoin-price-gains-6-as-bloomberg-analyst-favors-40k-over-20k-next

20.6 twice now and pulled down again, it's itching to jump up