Short term, if the company can get to a 'cashflow neutral' then 'cashflow positive' balance sheet, this should decouple the share price from the BTC / SOL pegging we continually see. The company has said this before. Revenue is key here, and cutting costs. I don't think they are that far off.
Staking SOL at circa 11% certainly helps, and I assume the company are looking for more opportunities to get their hands on more SOL to do exactly this. Now imagine SOL tripling in market cap, means the 11% income from staking is a lot higher too. Coupled with a BTC price say doubling or tripling in the short term too (assuming we are still in a bull market for the next 3-6 months) then I see the share price being multiples of this, easily, and as I said, de-coupling from the current BTC / SOL pegging.
Add to this what Kyriaco said, about FUM increasing (perhaps a large super fund or the like stepping in?) and this would also increase overall revenue assisting in decoupling...
Hard to say what it would be in 3 years though... that is pretty far away.
Just my opinion. GLTA.
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Short term, if the company can get to a 'cashflow neutral' then...
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Last
8.9¢ |
Change
-0.003(3.26%) |
Mkt cap ! $131.2M |
Open | High | Low | Value | Volume |
9.0¢ | 9.1¢ | 8.6¢ | $408.6K | 4.637M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 8.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 122573 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 0.089 |
1 | 55000 | 0.087 |
2 | 58382 | 0.086 |
13 | 1678266 | 0.085 |
7 | 1261856 | 0.084 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 122573 | 2 |
0.091 | 276694 | 4 |
0.093 | 41739 | 2 |
0.097 | 30600 | 1 |
0.098 | 50000 | 1 |
Last trade - 15.59pm 30/07/2025 (20 minute delay) ? |
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DCC (ASX) Chart |