Been buying shares of RIOT, and will continue to add shares anytime this gets in the 9s. After a couple bad years of production, RIOT's new Corsicana facility is energizing and the new miners will boost hashrate and increase efficiency. Oh, and lets not forget the 8500 Bitcoin on the balance sheet and positive earnings. RIOT has been undervalued for too long!
As for the technicals, everything looks golden imo. Macro trend from 2020 retested. 618 held, .50 held. Not seeing anyway bears get this back to the 7s.
LFG!
As for the technicals, everything looks golden imo. Macro trend from 2020 retested. 618 held, .50 held. Not seeing anyway bears get this back to the 7s.
LFG!
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Solid! Levels held. Houston, we are clear for go! ✈️👨✈️🤭Note
If you can find another miner that has a facility with a 1 gigawatt capacity pls lmk. Tia 🙂Note
Disregard previous message. I found one 🤗Note
For those who didn't already know, the CEO of RIOT, Jason Les, used to be a professional poker player. 🤭Note
Limits filledNote
The Ante: RIOT's initial investment in Bitfarms is like the ante in poker – it's the initial stake that gets them a seat at the table.Note
The Raise: The increased stake to 12% and the push for board changes is like a raise – it escalates the situation and forces the other players (Bitfarms and its shareholders) to react.Note
The Bluff (or not):Riot's intentions are unclear. They could be bluffing, hoping to scare Bitfarms into submission, or they could be holding a strong handNote
The Showdown: The ultimate outcome is uncertain. It depends on how Bitfarms responds, how other shareholders react, and whether Riot is willing to go all-in.Note
RIOT has now increased ownership to 13.1%. Upped the ante I see.tftc.io/riot-acquires-13-percent-bitfarms-111m-investment/
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RIOT increases ownership to 14%. Raising the stakestheblock.co/post/300098/riot-platforms-raises-bitfarms-stake
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"Riot Platforms withdraws offer for rival Bitfarms, seeks three board seats"Note
14.99%Note
Closing Charts. TrumpTrade active
Order cancelled
Non-complianceNote
RIOT increases ownership in BITF to 18.9%Note
abetterbitfarms.com/ is cancelled. Noted!Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.