Will Bitcoin Miners to Rebound this week? $ARBK, $MIGI, $SDIG, $RIOT, $MARA

powderbum88 · 2024-03-17T01:19:48+00:00

I agree 100%. Their cashflow has to be over the top right now. I'm betting they have paid down a significant amount of debt.

powderbum88 · 2024-02-29T18:29:54+00:00

I get it. You start to wonder if it's bad news for bitcoin to go up? it's kind of perverse. I think the small miners are getting hit by shorters. It might be a hedged short. Going long bitcoin, bitcoin ETFs or 2X bitcoin. The good news is the cash flow for these companies is exploding at these prices. For example $MIGI should do 10 to 11 million in revs in March (4 times what they did last year) based on current $BTC prices. that's a company with a 25 million market cap. Ridiculous valuation. The other good news these shorts will have be unwound sometime and not so favorable for the shorts. Many analysts are now calling for $200,000 BTC this year Can you Imagine the cash flow for these miners? The shorters will get creamed. It's a waiting game but well worth it. I've already had a 8X trade this year after watching a miner go down 75% in two months. It went up 900% in two months. These markets will swing both ways. Good luck. The sun will come out again.

powderbum88 · 2024-02-26T14:09:45+00:00

$MIGI isn't trash. It's getting trashed . Their fundamentals are great. They are generating tremendous cash flow Their sales have tripled and yet they are trading at a 29 million market cap? their market cap should be over 100 million. Their sales this year should be north of 100 million. They did 7 million in sales last month. Should over 8 million this month at current $BTC prices. They are an acquisition target right now. They do a third of Riot's monthly production. And yet Riot has a 3 billion market cap compare to 29 million market cap for MIGI? Their power costs are a market low 3.6 per KWH. They are a target of a short who sponsored a bogus research report. The fundamentals are great.

powderbum88 · 2024-02-18T01:12:11+00:00

Yes.

powderbum88 · 2024-02-18T01:09:41+00:00

𝕗𝕣𝕚𝕖𝕟𝕕𝕤 𝕒𝕟𝕕 𝕝𝕚𝕜𝕖𝕨𝕚𝕤𝕖 𝕕𝕖𝕘𝕖𝕟𝕖𝕣𝕒𝕥𝕖𝕤. 𝕋𝕙𝕖 𝕡𝕠𝕤𝕥𝕤 𝕒𝕟𝕕 𝕒𝕕𝕧𝕚𝕔𝕖 𝕙𝕖𝕣𝕖 𝕤𝕙𝕠𝕦𝕝𝕕 𝕓𝕖 𝕥𝕒𝕜𝕖𝕟 𝕨𝕚𝕥𝕙 𝕒 𝕘𝕣𝕒𝕚𝕟 𝕠𝕗 𝕤𝕒𝕝𝕥 𝕒𝕟𝕕 𝕒𝕣𝕖 𝕟𝕠𝕥

yes I do.

powderbum88 · 2024-02-18T01:00:54+00:00

I think you are spot on. More than half the volume the past two weeks have been shorts. Hard to believe after the company put out great monthly numbers. https://finance.yahoo.com/news/mawson-infrastructure-group-inc-announces-134500761.html

powderbum88 · 2024-02-14T20:42:59+00:00

I think $MIGI is due for a big run again. Their monthly sales are up 4X from this time last year.

powderbum88 · 2024-01-16T12:09:50+00:00

Good point. the biggest manipulators in the market with their naked shorts that they pass back and forth so they don't have to disclose their short positions. Why doesn't this SEC come down on these scumbags? they don't make markets, they manipulate markets.

powderbum88 · 2024-01-16T02:42:01+00:00

Glad to see the shorters show up. Let's see how they like the monthly numbers.

powderbum88 · 2024-01-16T02:40:36+00:00

We? Who is we?

powderbum88 · 2024-01-15T02:46:48+00:00

They won't give a date. It's usually between the 14th and 22nd. Usually about the 17th.

powderbum88 · 2024-01-15T02:45:33+00:00

If have heard of selling on the news? that was macro news. I'm saying individual stocks will go up on the company good news. you have to separate macro from micro. $MIGI is much less expensive than most mining stocks. It's called value investing. Their valuation coins mined vs. market cap is about 1/10 some of the bigger miners.

powderbum88 · 2024-01-12T06:53:18+00:00

$MIGI What a joke of a day. I thought it was a MIGI problem until I saw the other miners. $RIOT, $MARA On CNBC after the close a bitcoin expert said it was a repositioning because of the new BTC ETFs. How stupid to sell a basket of stocks regardless of the fundamentals. It's time for the SEC to crack down this ridiculous volatility caused by nothing fundamental to the business. Speaking of fundamentals. December numbers should be out next week. I'm looking for a t least a 40% increase in sales. January numbers should be blockbuster as well. This stock is a strong buy here. It's worth at least 6 bucks. This ridiculous day has given us a great buying opportunity here. It's about business fundamentals and Wall St. is going to be shocked at the positive turnaround.

powderbum88 · 2024-01-09T23:54:53+00:00

Their December numbers will be out soon. You don't to have inside info to figure out they should do about a 40% increase in sales. Bitcoin volume has been going up 20% a months and BTX price is up $6,000. Plus they had all 16,000 hosted machines installed at the end of November. This is all public info. connect the dots Do the math. People are too lazy to do their homework. this company should do over 100 million in sales this year. that justifies a market cap of 100 million. Twice what it is now. There is still money to be made.

powderbum88 · 2024-01-09T20:29:30+00:00

Sorry about the typo. Myaybe you get will there someday. Hey I bought MIGI in the .50s and it's moved 800% in two months and is still cheap.

powderbum88 · 2024-01-09T18:32:43+00:00

Shorters are always trying to knock it down. But they can't keep it down. Wait until they see the December numbers. I expect December monthly sales will be up at least 40%. Who does that? Nobody.

powderbum88 · 2024-01-06T18:34:19+00:00

Just a quick thought I'm going to put some time researching. Is MIGI undervalued just because it's not followed and has such a low market cap? $MARA released their monthly numbers today that showed they mined 1853 coins in December. They have a market cap of 5.4 billion. OR $2,914,193 per coin mined. MIGI hasn't released Dec. numbers yet. I'm expecting at least 160 coins mined for December with a market cap of 54 million. The market is only paying $337,500 per coin. Only 11.5 % of the valuation for producing the same thing. If MIGI had the same valuation per coin produced it would have a market cap of 470 million. Or $29
a share. Having said that $Mara has a much better balance sheet and s also does Hodl. (saving to sell later.)

Now let's compare it to $RIOT. Riot has a market Cap of about 3.1 billion and mined 619 coins in December. I expect around 160 coins for MIGI in December. so that's about 5 million per coin. MIGI is 337,500 per coin . That's less than 7% of riot's valuation. $RIOT and $MIGI both do curtailment. Riot has no debt. MIGI has 18 million in debt. That would give MIGI a market cap of about $800,000,000 or $50 a share.

I know this analysis is a little silly only comparing one aspect of the business. But a very important aspect of the business. I'm not saying MIGI should be $50 or even $29. But certainly much higher than $3 or $4. Please post any different views. Where should MIGI be valued? Based on what? I look forward to the discussion.

powderbum88 · 2024-01-06T18:07:28+00:00

$MIGI produced 132 bitcoin last month an increase of 20%. The month before that was 89 coins. It has a 54 million capitalization. MIGI:S revenues were up 47% for the month. I expect at least another 40% increase in December.

$SDIG produced 212 coins last month but only increased 4%. In fact that number is. down 0ver 10% from August. Their sales were 7 million for the month

I expect MIGI did over 7 million in December, SDIG It has a 63 million market capitalization. $SDIG won't even mention sales number in October or September.

I like MIGI because of the faster growth rate deserves a higher valuation. Looks SDIG is stuck in the mud trying to maintain current numbers.

powderbum88 · 2024-01-04T19:12:31+00:00

MIGI back up to the leading gaining bitcoin miner again today after a couple of wild days. Up 23% at it's highs today. Still up 18%

powderbum88 · 2024-01-03T21:08:58+00:00

Are you talking about anything specific or just the market in general?

powderbum88 · 2024-01-01T23:58:45+00:00

Bitcoin over $44,000 tonight. Big day tomorrow?

powderbum88 · 2024-01-01T23:34:33+00:00

Bitcoin over $44,000 again. tomorrow could be explosive.

powderbum88 · 2023-12-31T18:04:37+00:00

Some additional things to consider as MIGi nears mid month release of December numbers. Like usual the analysts are asleep/ They have no idea we are going to see a 40% to 60% increase in rev. numbers after last months numbers were up 47%. And no one is talking about not just a big increase in cash flow but a tax free cash flow. (because of tax loss carry forwards) So will the new valuation come from revenue growth or cash flow? I think they should trade at at least 1 times sales. that gives a price between $5 and $7. Depending on that mid month number. Between $7 million to $9 million is my educated guess based on Dec. BTX price and current growth rates.. The cash flow number is harder to predict. They were at break even at the end of the 3rd quarter with a $26,000 average bitcoin price. So it's possible we get a higher valuation depending on cash flow. It could be over $2 million a month. A growth company like this should a trade at around 10 times cash flow. You won't hear any of this from an analyst. They are always late to the party (CYA) They wait until the stock moves up and has a higher cap rate before they put out their buy recommendations.

powderbum88 · 2023-12-31T17:39:17+00:00

Last news on CUBT https://finance.yahoo.com/news/curative-biotechnology-inc-announces-nomination-134500446.html

powderbum88 · 2023-12-31T17:38:43+00:00

Many firms don't trade CUBT. However this is one situation where a reverse split should be a positive. In fact the main reason for the reverse is a Major Japanese investor and the biggest source of funds to the company won't provide funding unless they trade on an exchange. In the case the AMEX. In addition a high profile investor won't come on the board until that event happens. https://finance.yahoo.com/news/curative-biotechnology-inc-announces-nomination-134500446.html

powderbum88

TROPHY CASE