Iβve also heard a rumour that GameStop / Ryan Cohen might also be acquiring the Gemini cryptocurrency exchange too. So that could be something to keep an eye and an ear out for.
Yes. Something is getting ready to happen, imo. Lots of capital has been raised in the last few years and the price/book ratio keeps dropping as those balance sheet assets keep building. They need to turn those assets into revenue and profit at some point in order to push the stock price higher. My previous value estimate (when Bitcoin was higher) was around $24 per share using sum of parts method (cash+bitcoin+earnings on a per share basis).
GME MENTIONED.
Iβve also heard a rumour that GameStop / Ryan Cohen might also be acquiring the Gemini cryptocurrency exchange too. So that could be something to keep an eye and an ear out for.
Yes. Something is getting ready to happen, imo. Lots of capital has been raised in the last few years and the price/book ratio keeps dropping as those balance sheet assets keep building. They need to turn those assets into revenue and profit at some point in order to push the stock price higher. My previous value estimate (when Bitcoin was higher) was around $24 per share using sum of parts method (cash+bitcoin+earnings on a per share basis).
Well itβs been bloody long enough. Iβm ready to be a retired multimillionaire already π