Look what we have here, an OTC stock that....mines crypto? Must be crazy right? We have seen RIOT and MARA take off, but why does this look...stuck?
Answer: Hidden Gem that is due for that cataclysmic lift off. OTC makes it hard to get in for all the retail traders to gobble up and leverage to all sorts of margin calls. On top of some dilution to pay for operating costs (HODL that BTC).
TA we see it holding the 50 SMA very well and we are seeing a very very low volume area as traders wait for the crypto market catalyst to break all resistance currently being the 20 SMA and the trendline. RSI is flat, neutral, ready for a little action. Getting tight with room down to $2.60 (having cash ready for that potential dip!)
The thing I must mention here is, there are solid underlying fundamentals due to the crypto market. This play is highly dependent on BTC doing well, and guess what, the bull run is still going and the possibility of a supercycle looms (personally super bullish on BTC HINT HINT). What does this have to do with ARBKF? Well this little stock MINES BTC. And lots of it. Highly efficient, renewable energy powered, mining experts. 320 acres acquired in Texas. Superb hash rate. Numbers mined increasing and gigantic profit margins. I didn't come here to shill, but this little stock still has lots of room to run and is a great choice to add some leveraged crypto exposure to a portfolio.
Oh yeah, NASDAQ listing maybe soonish?!?! *Insert evil laughter*
-Pump
*This is the rambling of a mad man in Moes. Not financial advice. I (Pumpkin) hold shares in ARBKF
Answer: Hidden Gem that is due for that cataclysmic lift off. OTC makes it hard to get in for all the retail traders to gobble up and leverage to all sorts of margin calls. On top of some dilution to pay for operating costs (HODL that BTC).
TA we see it holding the 50 SMA very well and we are seeing a very very low volume area as traders wait for the crypto market catalyst to break all resistance currently being the 20 SMA and the trendline. RSI is flat, neutral, ready for a little action. Getting tight with room down to $2.60 (having cash ready for that potential dip!)
The thing I must mention here is, there are solid underlying fundamentals due to the crypto market. This play is highly dependent on BTC doing well, and guess what, the bull run is still going and the possibility of a supercycle looms (personally super bullish on BTC HINT HINT). What does this have to do with ARBKF? Well this little stock MINES BTC. And lots of it. Highly efficient, renewable energy powered, mining experts. 320 acres acquired in Texas. Superb hash rate. Numbers mined increasing and gigantic profit margins. I didn't come here to shill, but this little stock still has lots of room to run and is a great choice to add some leveraged crypto exposure to a portfolio.
Oh yeah, NASDAQ listing maybe soonish?!?! *Insert evil laughter*
-Pump
*This is the rambling of a mad man in Moes. Not financial advice. I (Pumpkin) hold shares in ARBKF
Holding 764 BTC or equivalent =)