Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
CLSK gets some crazy luck so 80k btc could definitely stifle the drop that is due from this.
For the sake of that 15 million zach and matt made from selling their shares theyve made another 15 million dollar bonus from this 800 million ATM. They should have voided the share sale.
Sebs still firmly in Kok holstery land as are some of the other rampers, so we will see how good they keep retail in line x;)
Https://twitter.com/KingOfSpreadz/status/1773574807826604133
Looks like its an 'additional' 800 million to me.
225 million shares issued, this additional 800 million adds to the share count of about 260 million based on the $23.11 share price.
On the March 2024 ATM Prospectus Supplement Filing Date, the Company has filed or will file a Prospectus Supplement relating to the offering of an additional $800,000,000 of Shares of Common Stock (the “March 2024 ATM Prospectus Supplement”), to the base prospectus, dated January 5, 2024, contained in the registration statement on Form S-3 (Registration No. 333-276409).
It's an additional 800 million. Unless the SEC is fake news x;)
https://www.sec.gov/Archives/edgar/data/827876/000119312524080846/d760517dex11.htm
Great timing getting out of CLSK ! pat yourselves on the back for that win, sincerely. I'm amazed CLSK got to where it did but that it did! Let's see how they are at scale, shorts must be piling in and the CLSK devotees might be less kok holstery with Matt and Zach now.
insider sales then the 800 million ATM announcement, lol. I smell mustard gas x;)
Always always always sell your mining shares when the bosses are selling. In the mining game its the best selling signal you'll ever get.
Lol try being in Mara with a big amount and watch BTC over a few weeks go from 42k to 70 odd k and mara goes down x;) and even worse the 2 companies i have no time for CLSK and MSTR mooned!
I hope I get my cake soon for keeping the conviction.
Yeh looks as though some mob is in trouble on a short( it went up hard and fast) some firms must have been harmed in that and some form of fud had to come along and mess with MSTR sentiment. Im not a fan of MSTR or Saylor but no real skeletons or acts of fraud in this report stand out to me.
Brave mob backing btc and shorting MSTR. I have a feeling they getting rekt on that short as well.
Aye a lot of 5hit from that interview...................... Mustard Gas x;)
All the miners sit in very fragile glass houses....they wanna be careful slandering other miners. What goes around comes around.
Https://twitter.com/BTCmining_0/status/1773112882726678791/photo/1
Big sell from Matt tbf CLSK could start hitting the cycle Mara has just had.........Share count showing 198 million.
Might not be Galaxy tbf, Chat GPT was telling me Galaxy this morning, now its vague like the Argo press release.
The buyer of the Mirabel facility was not explicitly named in the available information. The sale was part of a transaction to repay debt owed to Galaxy Digital Holdings, Ltd., but the specific purchaser of the facility was not disclosed1.
Argo have not got 40 million to pay those note holders, so default or negotiate. Consider going back on the OTC market the NASDAQ has been a big flop for Argo.
So why not make money on everything else until the tide turns?
Definitely, we have quite a lot of commentary here on miners in general, CLSK and MSTR have won the big prizes in this btc run from 42k to 70k ish. MSTR still looks great at the current price as BTC has way more to go, I'm not so sure on CLSK MCAP and how that sustains itself and could quickly become the shorters miners choice. I'm in MIGI and a couple of other things myself so im not all mara based but atm this mara price is undervalued, so i'll add as much as i can when i can.
GL
I have always said theyre a 5hit show but the best 5hit show. My gamble was finding the miner that is regarded as the best and rightly or wrongly mara hold that crown and it is for them to lose that which i cant see in this cycle...This sector and the cycles gives out risk/reward in the largest craziest way's I have ever seen and that's why I/we invest in this space.
Im amazed at this price but the volume on mara now shows that all kinds of games being played out especially shorts, dark pools and outdated options, lots of traders have joined us now. BTC needs to go to a kill price for them but as we have seen they can manipulate mara down on very bullish days for btc , but it is being manipulated, once the sentiment shifts all i see is green.
For me these are bargain prices and happy to add.
Lol the superfans.
These ones?
https://www.marketbeat.com/stocks/NASDAQ/MARA/institutional-ownership/
For the full year 2023, Galaxy mined 1,077 bitcoin from our proprietary mining operations at an average marginal cost to mine of less than $8,000.
the 5-10k breakeven staying alive lol PW was right x;) Jokers.