RE: Next Big Thing ?28 Nov 2025 16:43
I hope you are right TLB. I'd like not to be diluted any more too, but these guys are TAO Maxis just like Saylor is a BTC maxi. They think it's going to the moon, equivalent to $13 Google. Here's the problem if Google were $13 buying it at $26 would seem very expensive, but long term would be a good buy.
How will they fund the treasury if there are no raises? Unless they announce something massively revenue generating on SN127. But most other subnets are having to burn their emissions to keep developing their subnets.
I may be wrong but I suspect we will end up like SWC with a raise every few weeks. I just hope they can bag us a few times before it starts so the raises are over my average.
I'm not negative here, I think they just need to give us some more clarity about the plan over RNS and how shareholders will benefit not just TAO holders or the Bittensor network as a whole.
GLA DYOR