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submitted by /u/PhilHallUSA [link] [comments] |
source https://www.reddit.com/r/btc/comments/phy506/analysis_is_federal_regulation_of_cryptocurrency/
Sunday, 5 September 2021
ANALYSIS: Is Federal Regulation Of Cryptocurrency Coming Anytime Soon, If At All?
source https://www.reddit.com/r/btc/comments/phy506/analysis_is_federal_regulation_of_cryptocurrency/
Bitcoin holders.. Have you ever heard of SPRT?
Support.com is merging with Greenich incorporated. Together they are going to create the 1st carbon neutral Bitcoin mining operation in the United States. They say they will be able to mine a Bitcoin at an average price of $2800 to 3000 per bitcoin. Making them a profit of approximately $47000/BTC at current pricing!!
Hedge funds are now shorting the hell out of the company and trying to bring the price down pre merger.
The fundamentals of the company and what they're trying to do is absolutely astonishing. Not only will they be able to produce BTC carbon neutral but they will be able to produce any crypto on the market. At this time since the value of BTC is so high that is what they are concentrating on and will continue doing that until the price reflects a difference and change.
The current company has a number of around 10 million shares in the free float. With over 70% of that being shorted at the moment and a utilization of near 100%. The price hit 59.69 on the previous Friday and since has been shorter to oblivion.
As a short term investment with merger news coming out next week this could be a large play for anyone that is interested in bitcoin mining and companies that participate in mining of them.. If enough retail investors piled on this it could potentially send the price through another gamma and possibly into a short squeeze.
You can do your own DD. But this is a bullish company with amazing potential. I am not a shill or bot or shit talker.. own xxxxx shares of SPRT and am waiting patiently..
[link] [comments]
source https://www.reddit.com/r/btc/comments/phxliv/bitcoin_holders_have_you_ever_heard_of_sprt/
Best place to buy BTC
Hi, I want to buy 2000 USD in btc because of the imminent grow up of next week. Where do you guys bought it? I have an exodus wallet. Thanks Vote the best comment so I understand that will be the best place to buy and hodl Fee s are high af
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