RE: Announcement: Launch of Astrid Vault7 Mar 2026 12:27
I don't know where he got that £600k from either and the only other post he made on here was pure amateur de-ramping shyte. We don't know how much cash they have or how many Tao they have. We only have confirmed numbers up to 31/08/2025. Anything else is speculation. What we do know is they have the 575m ATM shares at the ready if cash is low so there shouldn't be any worries about a raise. They recently stated their finances were "robust" and said they did not need to raise any money in the near term (note...how long is the near term?.....I would guestimate a year and by then we may have plenty of income being generated to negate that).
Net assets at 31/08/26 were £7,236,107. That was after all the silly fees were taken. Tao price has dropped but emissions been accumulating. 40 Tao per day (conservatime guestimate) = $7,000 per day/$2.5m per annum. They are up $300k on SN44. How much on the other investments? Net assets should still be healthy. Hence "robust" finances.
A quick end to this war would help cryptos sentiment 🤞
Astid Arena going live and getting $$$ from dsv fund will be the big news IMO. Encouragingly Siam Kidd mentioned Arena yesterday on X....I will find it and copy it here.