Member Info for rylidan

Yep, it's a well run company and still on more than 10% discount to NAV. Will continue to hold and add.

GLA

"The Moscow Exchange (MOEX) is taking a significant step into the cryptocurrency market with the launch of its new MOEX Derivatives Market Bitcoin Index (MOEXBTC). This initiative marks a pivotal moment, as the index could eventually serve as the underlying asset for various financial instruments on the exchange"

Confirmation of US trading. Also below is a presentation from Michael Saylor. Only 2 mins and worth a listen IMO. Gives a nice summary by he thinks Btc is going UP.

GLA

https://m.youtube.com/watch?v=n2jyojX2X6Y&pp=0gcJCdgAo7VqN5tD

Thank you Forza. You must have heard me! Another purchase made. Completes the initial commitment and starts further accumulation. Should be more to come.

IMO well timed, having listened to the Michael Saylor presentation last night.

GLA

GLA

Need to get our next buy in ASAP!!

https://m.youtube.com/watch?v=n2jyojX2X6Y&pp=0gcJCdgAo7VqN5tD

I'm here not only for great gains, which I think regardless if they win the race, but if they do the gains could be stellar!

Here's hoping

GLA

Yes, i agree with you partly. However, are we trying to be a company (key focus) with a bitcoin treasury OR a bitcoin treasury company (key focus) with a business?

Look at Metaplanet. Google says they have 17 employees and they are huge and still accelerating. They are an extreme case, but it works.

I'm sure COIN will be successful and the direction change will be good for them. Whether they get to the stellar UK bitcoin treasury status is still undecided IMO. They have a reasonable chance, and Im more than willing to give Malcolm and Eddie the time to prove they can step up, as they said they would at the meeting last Friday.

At this time I'm hedging my bets. Its a two horse race for me.

GLA

COIN still need to up their game

They are getting there

Timeline COIN

27 March Forza launch

15 May 3p raise

22 May strategic change for Forza / Bitcoin focus

29 May 6p raise ( shareprice was 8p+ during day)

SWC

25 April IPO at 2.5p - bitcoin treasury focus

25 April 10 year plan announced

7 May 16p raise

14 May 27p raise

22 May 49p raise shareprice 51p

4 June 81p raise shareprice was mid 80s

4 June large institutional bookbuild at 81p

SWC have without any doubt been really slick. COIN have been good and without a doubt know what to do. I need to be convinced in the next 3 weeks they can match the speed of SWC.

I have made my call. COIN shaves it on value ATM. Its a very close call though given the slick SWC management and laser focus.

GLA

Https://www.msn.com/en-gb/money/other/crypto-s-hottest-new-trend-publicly-traded-companies-buying-bunches-of-bitcoin/ar-AA1Gquf5?ocid=socialshare

Worth a read, curtesy of Blueginger on SWS

GLA

Feeling nicely relaxed now about hodl'ing my shares here and at SWC. I have plenty of income from other shares. These are my only two growth only shares.

First target for me now, £1 here and £10 at SWC.

Then I'll re-assess. COIN has yet to break the 10% barrier of SWC. It really should be able to if Yellow adds significantly. Amazing what a month head start can do.

Perhaps in another month thd gap will start to close. Hope so (and believe so) because my holding here, is larger than at SWC.

GLA and enjoy the ride. One day it may be party time for all of us (who remain holders!).

Probably done in depth research! Good for all holders.

GLA

Andrew Smith just raised his holding by 212,121 shares. Even though he already held 21m from earlier buys.

GLA

GLA

Another 45 Btc in the treasury. Bought before yesterday's 5% price hike.

GLA

Should go through that soon. Reckon we'll get another fundraise around 12p+. Then we'll be well on the heels of SWC.

A bitcoin purchase of 30+ should see us surge upwards.

GLA

Even better in the US. Closed at $1.41 around £1.04. Looks like they appreciate the strategy and the institutional backing.

GLA

Well, whatever the cause hasn't stopped RM capital markets increasing their stake.

GLA

Bitcoin looks like a price surge may be coming. A short extract.

If the Fed were to cut rates, it “would be bullish for risk assets like bitcoin,” bitcoin price and crypto market analysts with the Bitfinex exchange said in emailed comments.

“We believe if bitcoin maintains support above $105,000, it could target the $120,000 to $125,000 range in June. This will not be catalysed just from the labour market but it could be a domino in multiple catalysts prompting the Fed to cut rates at a faster than expected pace.”

This week, Trump again called for Powell to lower rates, which have been held steady for months after the Fed surprised markets by beginning its rate cutting cycle in September.

Yep, I concur. Looking very strong today, with steady upward momentum. Gone past the 7.8p close on OTC, will be interested how they react today. Strong as well I assume!

GLA

Up over $106k again. Hopefully they are in the market buying today as they did say Friday that funds from the raise were imminent.

Maybe an update in next few days.

GLA

Excellent post RetiredIFA. A couple of points I want aware of and makes the case for holding long term even stronger.

GLA (except BT)