Member Info for Pacman121

Hopefully. BOD need to be more proactive for sure.

Given the 30 day period from the RNS of the 25th June. Still haven't had the formal Pribit launch announcement either, which is 2 weeks overdue. Rumor is they are saving that for the OTC listing to give the new listing a reason to hit the floor running. Be good to see them onbaord some of those customers they have been indicating are ready to come onboard. That will be the double whammy. As painful as this is, less than 2 weeks to go based on PR1's timescales, that isn't really that long. Think I might add more, but probably not till next week now. Not going to fuel the games this week although I do expect a rally into week end which will be a good inside indication that the OTC listing is on track.

The first 2 had very successful initial runs. Not sure about the 3rd one. It's all about timing, not hanging around forever using hope as a strategy. The name change her was to make it relevant to the space it operates. Can't really argue with that. Very clear branding, although they need to do something with it besides retweeting other people's posts.

Of trades knocks around £4m off the market cap. Always fascinated me when that happens. The company needs to come out of the closed Period so the directors can put their money where their mouth is. Hewie has said several times he wants it. Time for that show of confidence.

Yo everyone that went to the trouble to put pressure on the BOD to put out a statement in an RNS. Nothing in today's RNS that couldn't have been put out on day 1.

Gonna be a good rest of year 💪🏼

People who might not understand the model are trying to justify it. The COIN and SWC board were the same when the price started dropping, and have both recovered. SWC is the most successful IPO in UK history I think, and the board was still full of negativity when the SP dropped from almost £7 to under £2, in a couple of days, despite still being up around 80x from 8 weeks prior - not bad. It's just the nature. When SP goes down its negative thoughs, when it goes up the postive angle is the narrative. Certainly are some bitter people on here tho. Not healthy for them and not going to make a difference here.

*SWC

COIN went down. From 81p to 17p, now at 27p after raises and is in 78th position in the world in bit on treasuries. Set another ATM finance by the looks of it.

SWP went down from £6.85 to £1.80 and in now c£4 following about £100m in raises (lost count actually) and is 28th in the world in bitcoin treasuries.

The London Bitcoin Company is only 3 places behind COIN in 81st place with another BTC purchase to be announced this coming week. Only one on the LSE, only one going on the NASDAQ. A lot of the listeners on the podcasts are from the US. Build up to September will be huge. Once one institution ploughs in the rest will follow for pension funds etc. They can't join until the market cap goes up, when it does we move up the leaderboard.

Taken from another source:

For anyone trying to understand this type of market product, from a non mentalist pure BTC perspective. This is what I like: The entire stock market is attacking the BTC exchange in parallel (thus drying it out supply which will push it up) , BTC treasury has also brought new interest to the stock market which is not usually there! Usually placings/raises dilute the market and the cash is burnt. In this system, Nav (Mnav algo separate) is accumulated via placing, for that bigger vision of the prior. This is reflective as a perpetual loop of upside, each placing is higher than the last, while BTC ATM shrinks and the asset rises. This is simple. But with Trump taking term and this happening early term, this will ride and become part of infrastructure. This vehicle allows tax avoidance via ISA and SIP, and will become a pension fund product. So, to cut short. It’s bigger than BTC. It’s an engine, the fuel is BTC.

I think 1 option was ATM financing.

Look a the treasury expert explanations. Those that have been pro bitcoin for 15-20 years and calling the sustained bull run correctly over the same time will give a better explanation than punters on here. Plenty on X. SWC valued over a billion with about a 110m in coins , so a 10x valuation. Look at the bitcoin 100 treasury ranking. Most are gowing and increasing in value. The fact you only need 22 bitcoins to appear on the ranking shows how young this space is. If you can't find anything let me know and I'll dig up some links for you later.

Yep. Precisely. Look at the quantum computing space. Multiple billion MC's on a few hundred k of revenue and no profits.

Once we have an institution on board it'll be a domino effect.

Actually Hewie has said the mining is secondary to the purchasing. Just doing enough mining to keep the regulators happy. Fair point tho. Not to fussed about the mining as it's already been stated it's not where the major growth will come from.

Well, sellers have dried up. Your mover MM.

You mean that highly successful company hit with a Texas energy Crisis? I'm not gonna buy mate, not worth it.

Good write up Manifesto.

I think people are so far down there is no point in selling and that is when the MM's are out of luck and have to go the other way. Launch and OTC listing will help massively, as would a competent CEO.

Same with all companies. That is essentially the game regardless of the incentive and prize. SWC are operating on the most unregulated cesspit of all the exchanges - Aquis. The exchange for companies that can't even make it on to AIM.

Yep. Webley interviews aren't great either, seems very monotone and maybe out of his league. But they do have the synergy and the atmosphere is there and the SP is reacting positively so you can't argue with that.

Next BTC purchase here of 20 + coins with existing cash will give us a boost.

Most need 80-100% just to break even so easy money for new positions. Good for them!