RE: Riot Blockchain8 Jan 2021 21:17
From yesterday
JP Morgan top figure = 146k BTC
150 coins mined average (a figure I hope we hit)
PE 20
60% margin
150 x 146 = 21,900,000
X 12 = 262,800,000
X 0.60 = 157,680,000
X 20 = 3,153,600,000
÷ 309,040,997 (shares in issue)
= $10.20 per share
I'm bad at maths but these are the figures I have used to justify to myself why I am holding to at least $10. Use your own figures to recall.
Do your own research and use your own figures. GLA.