Fantastic interview today 14 June14 Jun 2026 12:58
- everything is in place to go
- royal office have got 50-100MW
- Bitdeer partner at 3.5bn
- two other possible partners similar to Bitdeer
- have met Bahrain officials - proposal to come to go to Bahrain
- Saudi also in the background
- concept proven
- first site up and running and providing revenue , ready to roll out further
- wants to be 100MW within the year
- in talks about self funding debt facility’s (not equity dilution)
Reason to buy shares
- proven revenues
- good cash forecasts going forward
- ahead of the game
- return wise looking great
- sky is the limit
- Bahrain discussions (first reached out in Jan)
- Bahrain knocking on AEGs door
- keen to move forward
- will come up with a proposal similar to the UAE deal
- first month of trading at 114k USD per month from the first site
- 97% uptime in first month
- will only get better from here
- UAE royal office pushing to get there sites open asap
- UAE royal office have opened doors for debt facilities
- CEO Paul owns 15% (will be 25%) the company which is great skin in the company
- Paul has put 700k/800k of his own money into this
Future revenue
$300-400k revenue per megawatt per year
$180-$220k revenue per megawatt (free cash flow)
Plus
Another 3/4 bitcoin per MW per year
So another $180k + per MW per year
100MW per year will be $18m revenue per year
+ $9m with bitcoin = $27m free cash flow per year
Then will look at 200/300MW per year with Bahrain and Saudi to come
PE of 10 would look at a £150m mcap minimum
So a huge amount of upside from here