Member Info for GEN10

Easier to double their money with TAO currently than with BTC or ETH and then a Buyback would be very nice indeed and send this well on its way over a penny finally

As for TAO, I don’t think there will ever be a "next Bitcoin." We always hear that lol. Bitcoin was the start of everything.

The crypto/AI space is hot right now tho and just getting started. BitTensor looks like it might be one of the early leaders there. So definitely a project with huge upside because it’s helping pioneer a whole new category.

They are a bit all over the place here. They've always looked as though they suffer bad FOMO on the board. Jumping strategy all the time but I'm still confident in the Subnet and think there will be more news and further business in AI to come.

I'm not sure how many subnet owners have a listing so being able to get exposure to bittensor via an ISA is very appealing. I'm just gutted mines maxed out for the year lol

Even when crypto was doing well, the stock was still basically on the floor. My take is that it’s more about lack of visibility. Most current shareholders probably came from holding CBX so the audience is limited and the massive dilution hasn’t helped. I think it’s just a case of not enough eyes on the stock yet.

When results are released and full disclosure of revenue and holdings come out, I honestly think this will get going. I'm hoping it's combined with news. (Buyback, reverse split, acquisition etc) This is also why I think it's important they hold cash. It gives them options.

We need eyes on this stock and I think sooner or later that will come.

They were a bit late to the cycle but there's no loss unless they sell. It's a long term play. I'm sure they will stack as time goes on too.

I agree. But markets and business is all about numbers. If this project is making what we believe it is making via emissions (all will come clear next month when they release annuals)

When the market sees High revenue, low operating costs, assets held it will wake up. You don't need to understand the mechanics.

Looking forward to seeing Astrid Intelligence’s annuals. Are we expecting this next month? Feels like this could be the first genuinely positive update we’ve had from this Share. Still think a buy back is needed but looking forward to seeing clarity of revenue and holdings.

Personally I think somewhere between 1 and 1.5p but who knows with this stock

Good article from X explaining bittensor for those interested. (If you're invested here I'm assuming you are interested 😂)

https://x.com/Defi0xJeff/status/1978836262044971036?t=H54_wvLKWpTekEhzDeNKpg&s=09

Yep it was the old board who milked the investors money dry. Darcy Taylor, Matthew Lodge etc Anna Chokina also took a big salary. All before the company was even making revenue. I believe Darcy was just part time and taking over 200k per year.

The move to AI since Edwards took charge has seen salaries slashed or even scrapped, The company finally begin generating revenue this year via TAO and the company investing in ETH, SOL, BTC

It's taking time and there's been some issues but we're going in the right direction here finally even if this isn't reflected in the SP

Holding 18 million now and happy to be patient. Hoping for news of either an acquisition or a share buyback

Cor dear me 🤦‍♂️

I've bought a few million last couple of days inside my kids Jisa's. They are only young so hopefully have plenty of time for this lot to get their act together and does look cheap. Amateur hour at Astrid headquarters yet again.

That's interesting I thought it was all shut down and liquidated along with skincare

Yep. I think subnet growing is key here or even a takeover of a profitable AI business. A merger or something. (NOT a non active seaweed business one of their mates plans to start lol)

I think revenue is key. Can't just rely on a crypto rally. My only positives for anyone feeling the weight of drawdown here is at least the business are doing a lot more now than they were this time last year. Cel/Astrid holders probably the most patient investors ever lol

6 billion shares in issue. That's what went wrong.

Yep. Cash is important for any business. It's tempting to go all in on assets but every business, especially a new one, needs that cash buffer. It's essentially what keeps the lights on.

Market just lost confidence. The dilution was absolutely brutal and turned many investors away. The move away from main market has made it difficult for some to invest. Crypto is high risk also putting people off. These are the 3 main factors for SP being hammered. For those who want the exposure and want to buy into the crypto reserve strategy, maybe they ask themselves "why astrid" There are plenty of other more reputable firms in the space and there will be plenty more so why Astrid. That's what OE needs to answer to new investors. A lot of loyal holders probably gave up after the dilution.

Maybe when we see some numbers end of the year this will get going again. I'm buying at these levels. Hopefully patience pays here.

I don't have a definite target either but wouldn't consider selling below 0.5 to 0.6 currently.

should we really rely on the current NAV? the NAV is going to change, so basing a target price on today’s NAV seems a bit premature to me.

Once we see the end of year results and have a clearer picture of the companies earnings it might be easier to get a true value of the business.

There will be a crypto crash but what always follows is eventually a break of ATH so guess it's whether you're here for the long game.

I've genuinely no idea since placing where this will find its level but I'm pretty sure it's well above where we are currently.