4Sem.·

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 (+11,33 %)
$IREN (+11,25 %)
$BTC (+0,14 %)
$NB2 (+2,79 %)

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

5 Commentaires

Chris@Multibagger

4Sem.

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_

4Sem.

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

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Chris@Multibagger

4Sem.

@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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investment_wizard_2286@investment_wizard_2286

4Sem.

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

4Sem.

@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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