@OnlyKlans1 I see bro. Just down 70% since last October and i guess need to give it couple of years more to be profitable but how CEO and company communicates and handles the sentiment of stock crashing doesnt make me believe we will go back up at some point. Lets see
🚨 How close is BTBT to Nasdaq delisting?
Bit Digital ($BTBT) closed at just $0.84 on Oct. 23, after falling below the critical $1 level.
Here’s the rule:
• 30 consecutive business days below $1 → Nasdaq deficiency notice.
• 180 days to regain compliance, typically by closing above $1 for 10 consecutive business days.
• Failure to recover could eventually lead to delisting.
BTBT has closed below $1 for 6 consecutive trading days as of Oct. 23.
⚠️ The clock is a concern, but delisting is NOT imminent. The next key threshold is 30 consecutive business days below $1.
Sources: Nasdaq rules & BTBT price history.
2/
"Bitmine executed equity buybacks in the past week, acquiring 2.04 million shares, repurchased at an average price of $22.48.
➡️When management believes Bitmine shares are relatively undervalued, the Company intends to accretively repurchase shares, subject to market conditions and under the existing repurchase authorization.
➡️Optimizing shareholder value remains our top objective,"
continued Lee.
In 2026, Bitmine has repurchased 22.9 million common shares, at an average price of $17.48 or an aggregate amount of $399.6 million.
➡️ "This is the largest crypto treasury company common equity buyback ever executed, and reflects our commitment to shareholders," stated Lee.
I believe this and next week Trump will do everything to push market up before the elections, then will be back crashing it. So dont forget to take profit in the meantime 😁
My prediction:
- Trump to lose midterm elections.
- Full force attach on Iran
- Ukraine - Russia war pauses so USA can get petrol supply from Russia because they wont be able to from Iran.
If a deal is going to happen in the US–Iran war, coming week may be the critical window.
If no deal emerges and Trump loses the election, his incentive to pursue diplomacy could diminish sharply.
The risk is that negotiations give way to retaliation, and Israel gets a freer hand to escalate a war Trump has so far sought to restrain.
The window for peace may be closing.
📉 The market is sending a clear message: AI growth isn’t enough anymore.
Meta beat expectations, yet fell 6%. Lam Research dropped 10%+.
Meanwhile, Lockheed Martin surged 8.6% as its backlog hit a record $292B.
💰 Capital is rotating toward defense.
🛢️ Oil: $111
🥇 Gold: below $4,100
₿ Bitcoin: ETF inflows aren’t lifting prices.
Next catalyst: Alphabet & Microsoft earnings on Oct. 28.
The market wants cash returns, not just growth.