RE: Out of sync10 Mar 2021 12:09
As said it’s all about perceptions, people looking in will think if arb can raise more than once in a short period what’s to stop them doing it again soon?
I get the argument about not selling btc as they think it will go up, but if forecasts of btc going up for the next 10 years or so does that mean they will never sell btc ?
At some point they must use what’s in the bank and not keep diluting shareholders as that’s not fair to us so the company can stay debt free.