MGTI's Correlation with GBTC is Uncanny!
Shares of
MGTI
have strongly corrilated with shares of OTC:GBTC and now the shares of MGTI are selling off into earnings while GBTC has rallied. A sharp pop in shares of MGTI is very possible due to the action of GBTC as off late. MGTI has also ramped up their bitcoin mining opperations buying 2000 more Antminer S9 miners. With these new miners alone MGTI will be able to generate 22 Million annually pre tax. I would consider MGTI a STRONG BUY right now.
Full discloser I am a shareholder of MGTI. I am not a shareholder of GBTC.
MGTI
have strongly corrilated with shares of OTC:GBTC and now the shares of MGTI are selling off into earnings while GBTC has rallied. A sharp pop in shares of MGTI is very possible due to the action of GBTC as off late. MGTI has also ramped up their bitcoin mining opperations buying 2000 more Antminer S9 miners. With these new miners alone MGTI will be able to generate 22 Million annually pre tax. I would consider MGTI a STRONG BUY right now. Full discloser I am a shareholder of MGTI. I am not a shareholder of GBTC.
