Member Info for Rabbithole

Billy, he’ll have the cash for it in his suitcase lol

Lloyd, can't picture him going to Spain holiday ! I wonder if he's stopping in UK whilst traveling

Rabbit is quietly going about his business today, occasionally checking the price whilst humming Christmas tunes…..

Might need to get some cigars then Enki

ChatGPT reckons its multi million…..

The exact sale price of Bake (formerly Cake DeFi) to GSTechnologies has not been publicly disclosed. However, Bake, as part of the Cake Group, positioned itself as a significant player in the decentralized finance (DeFi) sector, having reached over $317 million in total payouts since its inception in 2019, with its business operations focused on generating cash flow through staking, lending, and liquidity mining for crypto assets. This scale of profitability and adoption suggests that GST’s acquisition likely involved a multi-million dollar valuation, given Bake’s established user base and technology stack  .

While the precise valuation remains speculative, GSTechnologies likely viewed Bake’s profitable DeFi services as a strategic investment to expand their fintech portfolio and DeFi offerings, especially considering Bake’s consistent payouts and innovative product development  .

Doing a little research into CAKE / BAKE and DeFiChain just to get my head around exactly what we’ve purchased and it’s all very interesting. The focus is decentralised finance and tokenisation of assets. Not sure if this has been posted already but a quote from Dr Julian Hosp LinkedIn …..

Today, Dec 11th, I sold Bake.

“This step was incredibly difficult for me, but it is the absolute best for Bake, the employees, the customers and the community. Many great new opportunities are open with the buyer GST, which are publicly listed on the London Stock Exchange and have mega possibilities and ideas.

The official blog post is here: https://lnkd.in/dBf_M9fw “

Mega possibilities and ideas sounds interesting !!!

Warrie ignore Kat, we all do.

Kat, has it crossed your mind that not every investor posts on here? If Warrie has just opened an account it has nothing to do with how long they have been investing .

My original top slice figure has been blown out the water last couple of months with developments. I’ve over 9m in my Sipp which I won’t touch for at least 3 yrs when I can take 25% tax free and the 6m + in isa who knows but looking forward to developments in 2025

Well done sticker for you as well Aim !!

Interesting and exciting times ahead.

Have a good weekend

Enki gets the well done sticker today for his prediction this morning….

“ My true love gave to me 1.8p and an exchange making money,....

Definitely a live volume feed going to Coincodex as it changes from time to time and hasn't reset to zero.”

We've had worse days Rodney....

Aim, I imagine he got a wink and a nod to buy in during negotiations

I think most of long term holders have reassessed our top slice expectations in the last couple of months, even more so since cake / bake announcements.

Been getting a strong close all week so could do it. There's always a chance interims could land Monday.

And poof - just like that it's gone thank god. Think it was the comment about woman

Yeah but Billy she'll take you for half your gst profits :-(

Just day traders who jump on a rise to try and make 10%, sound familiar Kat ?

Did you order some CAKE for desert Massive ?

Leew - certain individuals not on the guest list !

If this is 2p on the closing bell I'll buy everyone a round up the Indian tonight