RE: Gamble28 May 2025 07:29
Rubbish hightower, it's a hedge, and quite a strategic one. They don't say how much they intend to put in to crypto, as I imagine quite a bit of the money raised, if they do it, will be for working capital purposes, but it's like creating a reserve fund, if they can invest some in bitcoin, and profit from it, rather than doing frequent placings and diluting shareholders further, then all credit to them, and this I think is the reason, they don't want to dilute shareholders more than necessary. If they make anything from the crypto, then it's good for us, if they don't then they will be back to future placings per se until they have proved their position to the market place in the AI world. So I see it as a positive, what have they to lose? nothing, and these guys are much more astute about this than you or I are, plus the US are all in to crypto investing and so again, that makes me think there is a US connection, more so than just our connection with Nvidia! my views.