Member Info for Phoebus

If BTC get near $100K, which I think is very likely and more imminent than most people imagine, I will be very surprised if ARB is not pushing much closer to 500p. This could all transpire very quickly indeed. What an opportunity.

Toop, toop!

:D

Why feel nervous? BTC has a long way to go. ARB hash rate upgrade incoming. Upgraded US listing with wider access for tech hungry US investors. Valuation gap to close with US listed crypto miners. Huge value drivers across the spectrum. Unbelievable how this was unloved for so long and about time it's undergoing its well deserved re-rate. This is the perfect investment at the perfect time. GLA

They paid £250K and are up £90K. Big deal.

Folks been doing research and spotted related stocks.

As far as I'm aware they hold 500K shares of MODE worth £340K.

But even at 72p today's huge move in MODE equates to only a 1.3% increase in VELA's NAV.

And assuming BTC hits $100K then roughly £9 per share? Could happen very quickly indeed.

Agreed Glasir. Success in one leads to additional investment in others within the space.

As far as I'm aware VELA only have 500K shares of MODE, which even at the current high price is only worth £275K. The current VELA market cap is £9.05M, so the MODE price would have to increase 3290% for VELA's market cap to just double.

I don't see an issue with ARB. Look at the valuations and hash rates of its US peers. It's still undervalued. They're raking in $$$ in new BTC every month, have more hash rate to come online shortly and their OTCQB listing is pending which will make it accessible to a lot more US investors to close the valuation gap. Then there's the BTC price, which looks set to run and run as per the rest of the crypto space. Great news for both ARB and BLU. GLA

Also, remember that ARB is main board not AIM.

And FTSE 250 entry too.

Too soon to sell ARB IMO. BTC and cryptos in general have a long way to run.

They mean business. BTC new all time highs overnight. Looking super strong.

It's touched 110.32p already. £3-£5 incoming.

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Huge upside. Still undervalued versus US peers. Full US listing to come bringing the shares to a much wider an tech hungry audience. 4 year crypto price breakout only just started with BTC predicted to move massively higher. £3-£5 look very feasible indeed during H1 if BTC continues to move as anticipated. GLA

Yep, on the cusp of $1.36.