RE: 1 hour till close27 Jun 2025 16:09
As I said earlier, I am fairly relaxed about the share price. Admittedly I took some off the table at 88p and am now on a free ride but to me the future looks very good.
The company has so far made 7 bitcoin purchases rising in value each time, the last one 2 days ago at £1.2m, and now holding 58 BTC in Forza.
They will continue to buy during the coming days with existing funds and could reach a holding of 100 BTC by next week.
They have a GM in July to obtain authorization for future raises and I am sure this will be forthcoming.
There is also the little matter of the Yellow Token launch in the coming weeks.
Having watched the recent podcasts, etc I think COIN are a very well rounded team (MP, JVS & ET) who know what they are doing.
Only my opinion but I believe the share price will fairly shortly start edging back up on news to a mid price level of around 50p.
Not to be treated as advice and please DYOR