Member Info for rylidan

With btc at a record high it's time for another fundraiser! They need to keep accelerating the purchases.

The last one was around 65% higher than the first, so perhaps another raise around 45p?

GLA

Metaplanet over doubled in last 2 days on back of btc price surge and their recent large purchase. Once we fully get that strategy moving this should surge too. Definitely one to accumulate IMO, as well as other btc treasury companies.

GLA

Cheers Bill that's really useful.

GLA

MTPLF doubled in last 2 days. Sadly I couldn't find an ISA where I could buy these when I looked last week.

Good sign for us though.

GLA

Ppol, let it go, bad gor your health mate. Also learn to buy at the right time! Looks like a breakout possible soon, as btc testing all time highs. Taken a small opening position.

GLA

BTC now back over $107k. Roll on tomorrow

GLA

From my understanding, No!

1. You can't put bitcoin in a tax efficient wrapper

2. This should rise at least in line with bitcoin

3. There's an underlying business here that could also grow significantly

4. Its far easier to buy thus rather than bitcoin

5. Unless you buy the actual coins and deal with the security, you cannot be guaranteed that the company you buy through will hold sufficient coins to cover all the purchases.

Obviously buying here you may get share price fluctuations as well, but long term this should easily match bitcoin gains IMO

GLA

DYOR

Just announced that almost doubled their btc holding.

GLA

New 2025 target, 5.622p

Progressive dividend policy announced

Great news

GLA

Thanks for the link Bill. Yes, an excellent listen and well worth the time. Bitcoin recovered by a further 2% after UK close. Now approaching all time high again.

GLA

Looks like M&G are reducing in very low volumes causing this fall. Nothing else to go on, and all recent info from company OK IMO. They have a challenging time, but MCAP at half of NAV seems well oversold.

We should get more info in June. Meanwhile I've moved some profits into here today.

GLA

That depends on whether you think they worry about issuing a divi not fully covered. They have the cash. Next year they will need the environment to improve and there are good signs since early April that it is. If that's the case that makes it far more likely we'll get the divi, and that is currently my working assumption.

GLA

GLA

Now 26p buy. Going up again after panic over.

GLA

Now 25p to buy, and starting to climb quickly. Looks like the deramping clowns on this board have rinsed a few people.

GLA

Not only a bit of profit taking but probably a series of stop losses being taken out. Will most likely turn well above the 16p fundraise, and then we'll hear yet more griping from a couple of those not invested, and simply here to try and cause panic. Who knows their motive.

GLA

There's big money controlling this IMO. Feed off the panic, and then soak up the shares. Wouldn't put it past a reversal back to 50p today. But you won't be able to second guess this, much as some on this board would like to.

GLA investors here

I also have no interest in trading bitcoin myself. However, like fiat currency traders, bitcoin offers far greater volatility for currency trading. I'd much rather leave an expert to make me loads of money in my ISA. Also, I'm sure keeping bitcoin yourself can be perfectly safe, but it would certainly give me worries that I really don't need.

I'm sure there are loads of other reasons to trust your cash to experts in this market.

So, my question to you is "why are you really here?". Certainly not invested, and I don't believe either of you are here to help others! My bet is on a personal gripe or jealousy or p***d off selling far too early.

GLA investors here

If the oil price continues to recover, we could easily rise back into the 40's very quickly. Guess that depends on world stability continuing to improve as well, and that to a large degree depends on Trump and Putin.

GLA

You are correct Dave. I believe they are now closing, but time will tell.

The first 3 months of Trumps administration saw chaos for world markets, with worries and instability. Since early April we're seeing deals struck and a growing confidence in worldwide markets. POLR should easily reverse the AUM loss of Q1 in this quarter, and we should be returning to the December price of >£5.

The only fly in the ointment IS the closing short. They have a knack of keeping the price down to close out. However, that benefits anyone wanting to accumulate as well as the shorters.

Definitely on my radar ATM, along with other beaten down fund managers.

GLA

OK may need to be higher. Perhaps £1!!

GLA