Was Covenant behind the algo that shorted TAOX lower Wed and Thurs or someone who knew the Covenant rug pull was coming? I told traders in our office that there would be significant news coming soon for $TAOX because someone was aggressively selling $TAOX shares short like they had a deadline. Would be funny if they ended up getting squeezed instead. $Tao #TAOX #TAO
$TWAV owns over 25,000 $TAO as of today due to staking returns for Q1 to date. But using nice round numbers 25k x $365 = $9,125,000.Add $2.25m cash = $11,375,000.Divided by 3,207,210 shares = $3.55 per share. That’s liquid, there is no debt. TWAV is overlooked & undervalued bigly
$TWAV is materially mispriced given the rally in $TAO and the highly liquid assets worth $2.75+ per share on its balance sheet. Legacy business wind down this week reduces cash burn, no debt w/ $2.58m cash, bullish outlook for $TAO and stock buyback authorization all bullish
Big win for $SBLX if Market Structure bill Trump pushing gets done. The crypto rally starting this morning boosts $SBLX strong balance sheet that has liquid assets (bonds, cash, crypto) more than 2x the current stock price but few notice a co w/ only 1.3 million shares outstanding and under 1 million float.
The “Big Banks”—the very institutions that have held a monopoly and screwed their customers for years, offering near-zero yields on retail Money Market Accounts while crushing low-balance accounts with exorbitant fees—are now doing everything they can to block the Crypto industry from offering real benefits, perks, and rewards on their platforms.
They are the greatest hypocrites and are in mass panic given they know they are losing the digital finance race! @worldlibertyfi
$TWAV owns 24,382 TAO worth $4.34 million w/ Tao at $178. That is about $1.35 per TWAV share. They also have between $2-$3m in cash with no debt. Stock at 70 cents is worth a look for patient investors.
$SBLX $4.9m of $SBLX's $11m balance sheet is in longer term US Treasuries that did not mature until 2026 so plenty of dry powder to put to work while crypto prices are at multi year lows.
$SBLX had over $11m in cash and marketable securities or about $7.60 per share as of its last filing. With the crypto market sell off they are in the position to put that $$ to work investing in crypto near the lows.
@0xDecember@fear_munger Interesante-would've guessed they are burning cash like most startups. And a few fired employee posts may not be the best measure for how things are going, but good find though & need more info on @GrainChain to see if current valuation of near zero inside of $BBBY is warranted
@TheHoleTweet@jasonwhitlock ND lost to the only playoff contenders on their schedule. All of their wins were against teams outside the top 20. You have to beat at least one good team to make the playoffs.