1Mon·

800-million-dollar convertible bond

This is where the funds for accelerated capacity expansion come in her👍🏻.

At least some of the proceeds will be used to mitigate the dilution, which I think is absolutely positive. First contract is safe (see my previous post), growth financing has been placed, I would say it is currently running.

Dilution doesn't taste so good at first, of course, but it's for a good cause😂.

I'm curious to see how things will continue here, of course I'll stick with it😁.

$BITF (-3.94%)
$IREN (+1.17%)
$BTC (-1.84%)
$NB2 (+2.89%)

https://de.investing.com/news/stock-market-news/cipher-mining-plant-800millionendollarwandelanleihe--aktie-unter-druckn-93CH-3161817

21 Comments

Chris@Multibagger

1Mon

I think it's great. My buy order was finally executed for the first tranche. Let's see if they perform as well as $IREN

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value_seeker_@value_seeker_

1Mon

@Multibagger Why the first tranche now and not a week ago?

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Chris@Multibagger

1Mon

@value_seeker_ totally justified question. I didn't have any free money. And since my challenge runs without deposits, I had to wait until another value $APLD reached its target and I sold at least part of it.

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Tenbagger2024@Tenbagger2024

That was related to $NB2, somehow posted incorrectly 🙈😂

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All-in-or-nothing@All-in-or-nothing

@Tenbagger2024 has suffered a little recently but I have added a little more in the dip. Looking back, a little too early but is now slowly recovering etwas👍🏻.

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Tenbagger2024@Tenbagger2024

@All-in-or-nothing
I think we need a little patience. Will be profitable in 2027. Possibly even next year.
The analysts' forecasts look good.
What about the sale to Rumble. Are there any offers?

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All-in-or-nothing@All-in-or-nothing

I honestly hope that nothing comes of the sale to Rumble. Overall, the offer was subterranean and far removed from the value of the existing assets alone, in my view. There was a loose offer, or rather an offer was once publicly discussed, but never officially submitted. The offer was linked to the sale of the BTC mining division, which is in the pipeline but not yet completed. Overall, I hope that nothing will come of it. In my view, Ardent and Taiga Cloud are the key assets for $NB2 in the future, there is real movement and real potential. Of course, they are also relying exclusively on $NVDA GPUs for their data center conversion. 6,000 units planned by next year. I like it and the investment thesis is still on track for me. Above all, infrastructure located outside the USA is great. Hence my investment in $HIVE.

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Tenbagger2024@Tenbagger2024

@All-in-or-nothing
I read today that Germany is right behind the USA in terms of the number of data centers. So the milk has not yet been completely spilled. I think there is a lot of uncertainty at $NB2. Also due to theder's compartments. I also read once that theder is demanding that the mining division be divested. This is all uncertainty. Otherwise I think the share would already be somewhere else

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All-in-or-nothing@All-in-or-nothing

@Tenbagger2024 Tether's influence is indeed quite annoying and, in my view, one of the main reasons for the current valuation of $NB2. The mining division is currently the only division with a positive earnings contribution and ultimately feeds the CapEx at Ardent and Taiga Cloud. Tether naturally has an interest in selling the mining division, they simply want to gild their stake damit🤷🏼‍♂️. If Ardent and Taiga were to continue as before and Tether were to keep its feet still or even publicly and offensively support the ongoing activities of $NB2 instead of pushing its own interests, the share would already be in a completely different position today. My opinion and assessment.

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Tenbagger2024@Tenbagger2024

@All-in-or-nothing
Yes, I agree. The uncertainty is keeping investors away. I'll keep an eye on it. Why are things going so well today?

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All-in-or-nothing@All-in-or-nothing

@Tenbagger2024 I actually don't have any current news gefunden🤷🏼‍♂️. But may of course slowly get back on track. Perhaps slowly digesting the withdrawal of the forecast last week? Would be the most obvious thing for me. Guidance has been completely withdrawn, as many currently unassessable factors are not quantifiable for the management in terms of organization and structure, it is not clear if and when something will be finalized (keyword: sale of the BTC mining division) and the results can therefore not be reliably forecast.

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Tenbagger2024@Tenbagger2024

@All-in-or-nothing
I prefer to stay on the sidelines for now

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All-in-or-nothing@All-in-or-nothing

@Tenbagger2024 You can definitely do that😉. As I already had a position anyway and was positive about the prospects overall, I just went back to nachgelegt👍🏻. But I understand that you can be more cautious than I was here due to the overall circumstances.

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All-in-or-nothing@All-in-or-nothing

@Tenbagger2024 I have found something else that could be the cause:

https://www.bundesregierung.de/breg-de/aktuelles/faq-hightech-agenda-2391254

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View all 5 further answers

investment_wizard_2286@investment_wizard_2286

1Mon

Given the positive news, I would have expected a different share price performance

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All-in-or-nothing@All-in-or-nothing

1Mon

@investment_wizard_2286 Dilution of existing shareholders through the issue of new shares is always a bad idea. Good for growth in the long term, but a temporary drag on the share price. Immediately after the news about the contract, it went up by 2 digits until the announcement about the capital increase came😅.

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