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No, Rookie you are wrong I'm afraid. Read the RNS.
They paid $54 million for 9000 miners at about $6k each.
It's the deal that they announced earlier with the same delivery times as were given with their order.
It even says in the RNS that the order was not today but "recently".
Accusing Argo of fraud without evidence is libel.
And with that dilution the company is able to expand greatly increasing it's value and that is forward priced. Hence why Mara has a high valuation built on it's big preorders. It's certainly not worth it's current valuation on it's current fleet and HODl. I think we'll see a rise to minimum the valuation target before long.
Not surprising that Chaebol doesn't know the difference between the exahash and equihash..
The 3.7EH in Texas is with current orders. PW stated in the last RNS video that more orders are in the pipeline so I expect more news there including from ePIC. Really good to hear that we will be receiving more news regarding the defi investments as they could pay for a large amount of future orders.
The OTC move was good. Gives people more time.
Very pleased with 1.24EH up and running with more being continuously added during this month. Also great to see no issues with Texas as all is prebuilt and being put into place. No supply chain issues either. Everything is going like clockwork. I can definitely see things being finished ahead of time with the current rate of progress.
If you look at the chart of HUT8 when they listed on Nasdaq and compare that with the chart of when ARBK listed on Nasdaq to this point the charts are EXACTLY the same. Last session on Nasdaq ARBK volume was higher than previously. Blondity thinks Argo will continue to follow the same path as HUT8 and so far we have matched it exactly. I think we're beginning a big move up. And so do all the analysts who have been giving strong buy recommendations.
I guess you don't read the other messages, Fireblade...
The operational update is what includes current hashrate upgrades. It is normally on the 3rd business day of the month which is tomorrow. This was the Q3 financial update.