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clock Created with Sketch. 12/02/24
17:28
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Originally posted by AustinNZ
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Well thanks for trying but there is no reason why we can't know the actual bitcoins held which allows us to work out what the increase in the value of our owned bitcoins is based on the current bitcoin price. Since around 25 January the value of bitcoin has increased $8000 USD but our share price has gone up about three pips which is probably about half of the increase in bitcoin's price. The company has changed it's position in disclosing this figure which we are entitled to know. They have been selling these down to pay salaries which has been very short sighted.
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It is possible to do the calculation using the data in the December Quarterly but it is quite fiddly!
