Member Info for Brassneck

I can’t believe how emotional and impatient you are. I agree Coin owe confirmation of the outstanding 5 BTC and can’t think why on earth they haven’t done this but SWC are no different to Coin on timings. SWC announced this morning the £3m BTC purchase from the 22 May raise that feels like more than 2 days to get the money to me if the buy announcement is 2 weeks later. Looks like both companies are operating to a fortnightly cycle on both placings and buys

Need to look up wNXM as it only gets quoted as wrapped NXM now. Currently $42.55 so c$4.7m for the 110k tokens KR1 has.

Tidal Finance at last showing signs of life

Sorry, forgot to add it will also help fund replacement of existing rigs. It’s fine at the moment all the miners saying we’ve ordered x thousand new rigs for a hundred million or so but in 2-3 years they’ll need replacing so then it will be either mega dilution to keep expanding or remain steady state on hash and replace. I believe the whole Texas strategy shows PW taking a 3-5 year view now and planning for that whilst others are just racing for hashrate. Argo having the infrastructure to expand and host others will be a great strategy, I hope!

Surely that’s the point of Texas up to 800MW? To have scope to expand our owned rigs for increased HODL and to be able to host others’ rigs for revenue to either offset our own rig op-ex or help fund new rigs. Material revenue for hosting will be a major benefit.

Agree Blubay, I'm expecting 170 for September given one fewer day's mining than August. Of course that's without any new machines contributing which we don't know - though as the autumn machines to get the extra 530ph seem to have slipped a touch from Sep/Oct to Mid Q4 there may not be much impact from them in September.

No selling but will buy the dip in the first 30 mins today.

I can’t believe they won’t start trading at less than $20 this afternoon

Yes, great to see all on track

Surprised this isn’t up 10%+ what with DOT and KSM both motoring and broader alt coin and BTC moves

I’m not top slicing, hoping to do well enough here (and ARB and COIN) to have a permanent holiday!!!

GLA

Good job it never seems to align to OTC! Alt coins moving so hopefully much further to go from here.

I’ll be in blue once we get over 10p having originally bought in from 18-29p. The dip to 7/8p has been a gift.

Nice to hit 10p again

It’s a struggle to work out where to look, ICP, ATA, CLV, KSM all recovering nicely, LDO strong, DOT and ETH moving nicely. Lots of positive momentum

Agree botski. AIM has plenty of pitfalls too with many really poor businesses listed. If not Aquis I would sooner we were on FTSE

If max pain on tomorrow's options expiry is c$35k on BTC then I don't think we'll see the move to $42-45k until after Friday morning. Could be a very good weekend though.

I did think ARB would have moved to the £1.50-1.60 this week though when BTC hit $40k.

It must breakout to the upside soon. Too high a quality company to remain subdued.

Thanks Botski, found that now in the annual report!

Yes, I think most long term holders have their own spreadsheet and track NAV and staking revenues as best they can. Most of the holdings have been in RNS’s over the years so easy to identify. The biggest problem is BTC and ETH whose holdings I’ve never seen detailed. Then it’s down to personal choice how you value any of the yet to be listed tokens or where KR1 have shares in a business rather than tokens.

Things get quickly out of date, the link you put up doesn’t have Vega, Karura or Clover in for example.

At least if you do it yourself you know what the logic is. None of them will be wholly accurate so a $5-10m variance doesn’t really matter.

Staking revenues is more difficult, not least as they haven’t done any updates on staking for some time now. I just took the latest RNS, calculated the average monthly tokens received for each and multiply that by the latest price, assuming they still get that level. I wish they would follow ARB and do a regular operational update on staking revenues as I don’t think anyone but the committed LTH know much about this area. Visibility of staking revenues would help rerate the share price in my view.

Agree there gingerninger, couple more orders in to soak up a few shares

I have very little knowledge of US investing but I believe this is the route to get around the $4 Nasdaq condition (I do realise there are other ways). By issuing ADRs that are say the equivalent of 6 UK shares (which I think is what the BP ADR is) it gets to a share price instantly of $7-8 even at current levels. Best to wait until they release details of the ADR offering though.

I see Karura token now quoted on coinmarketcap at $3.70