RE: The last real buy yday hit at 13:38 for a noble £982.14 May 2026 06:23
There’s a lot of theatre in that post, but not much balance.
If this was truly just a “painted tape death spike”, the stock normally collapses the moment real size hits the sell side.
Instead, over the last few sessions we’ve seen:
multiple million-share buys,
repeated large sells absorbed,
and buyers continuing to pay progressively higher prices.
That doesn’t mean GST is suddenly risk free. It clearly isn’t.
There are still valid questions around:
MiCA,
Lithuania,
future structure,
execution,
and whether dilution eventually returns.
But comparing every volatile rally to imminent collapse ignores the actual tape action taking place in front of everyone.
Also, the company is not currently sitting there with:
administrators circling,
catastrophic debt,
or an obvious liquidity crisis.
The latest reported position still showed meaningful cash reserves, BTC holdings, and operating businesses.
So yes, scepticism is healthy.But declaring with certainty that every buyer is a doomed “bagholder” after months of extreme bearish sentiment is just the opposite side of emotional ramping.
The market is clearly reassessing whether the worst-case assumptions became overcooked.