Before you sell Read this
1. Bitcoin is going mainstream with at least 1 billionaire/Hedgefund saying they have Bitcoin.
2. Banks and countries are adopting Bitcoin with Zimbabwe or a Latin country next to follow El Salvador.
3. El Salvador has Built or will built$Tesla Motors(TSLA)$
A thermal plant to mine Bitcoin, 20 schools
A hospital with Bitcoin profits
4. Inflation rasing 8%+ everywhere Turkey, Ukrainian, USA etc
5. Riot will have New cooling technology that will improve mining by 25% - 50% NO NEED TO BUY NEW MINERS TO BEAT MARA hash rate.
6. 12% of Riot is own just by "Northern Data " A German Miner who had Whinstone before Riot. They won't be selling.
7. About 35% of riot is own by institution
Since they are buying Bitcoin pretty sure they won't be selling Riot. That leaves about 35% to 50%To retail investors.
8. Riot has about a billion dollars in cash could be use to expand by buying new miners or by buying a Whole New small miner.$Riot Blockchain, Inc.(RIOT)$
9. Since Riot will be hosting soon in 2022
Riot could create their own pool like Mara$Marathon Digital Holdings Inc(MARA)$
10. Pomp and other influencers are taking about mining and why it matters.
11. Texas has become the home for mining and Riot is the biggest miner in Texas.
12. If Riot needs new money they could get a loan instead of issuing new shares like Mara did.
13. Mara will soon run out of cash and will have to issue new shares or get a new loan.
14. Riot is undervalued guys.
*This is all just very rough estimate.
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