- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
BFARF-Canadian bitcoin miner about to uplist to NASDAQ
Posted on 5/7/21 at 11:14 am
Posted on 5/7/21 at 11:14 am
Trading at $6, mines more than MARA or RIOT. Got news today that NASDAQ uplisting is approved. Should trade at $15-20 once on the NASDAQ to get to an equivalent market cap to MARA or RIOT. I bought today as a ~1 month swing trade, likely to exit at $15-20 before they start to use their shelf offering at some point. They mine with 100% green energy which should attract a lot of institutional capital, and the lower per share price will be enticing to the Robinhood type crowd.
This post was edited on 5/7/21 at 11:16 am
10
Posted on 5/7/21 at 11:28 am to GeneralLee
in for $1000 worth. 
Posted on 5/7/21 at 11:32 am to Got Heeem
Sure why not
Posted on 5/7/21 at 11:37 am to Got Heeem
Just bought some but realized fidelity charged $50 commission to buy. Hopefully it was worth it. So is there anything special when it comes to taxes on this since it’s on the Canadian exchange?
This post was edited on 5/7/21 at 11:39 am
Posted on 5/7/21 at 11:41 am to tigersfan1989
No. It'll be traded on the NASDAQ shortly so you'll be selling on an American exchange. Even if it wasn't going on the NASDAQ, i've sold Canadian stocks without unique tax implications.
Posted on 5/7/21 at 11:50 am to tigersfan1989
quote:
Just bought some but realized fidelity charged $50 commission to buy. Hopefully it was worth it.
Just had the same experience
Posted on 5/7/21 at 11:56 am to tigersfan1989
Etrade charged $4.95
Posted on 5/7/21 at 12:08 pm to tigersfan1989
quote:
Just bought some but realized fidelity charged $50 commission to buy
Not as big an issue if you're buying thousands of shares...
Posted on 5/7/21 at 12:44 pm to GeneralLee
quote:Well, it sucked when it hit me afer my 200 shares bought!
Not as big an issue if you're buying thousands of shares...
Posted on 5/7/21 at 12:46 pm to tigerfoot
Imagine how I felt after I bought 100 shares....
Posted on 5/7/21 at 12:53 pm to AbitaFan08
Yeah, it took me quite a bit to figure out why I was .25 higher than I thought I put my order in for
Posted on 5/7/21 at 1:09 pm to GeneralLee
When is this supposed to hit the NASDAQ?
Posted on 5/7/21 at 1:12 pm to CajunTiger78
Probably 1-2 weeks from now, last step is confirming their shares can electronically clear.
Posted on 5/7/21 at 1:15 pm to GeneralLee
so you think it will hit 15 to $20 a share when it does? Why?
Posted on 5/7/21 at 1:22 pm to CajunTiger78
It has a higher hash rate and mines more bitcoin than MARA or RIOT but only has about one third the market cap. So that would normalize out at $15-20 per share. That and this is green energy, better management team, better financials than MARA or RIOT.
Posted on 5/7/21 at 2:10 pm to GeneralLee
I'm in for 100 shares.
Posted on 5/7/21 at 2:16 pm to thejudge
In for 1000 shares, let's ride. 
Posted on 5/7/21 at 2:36 pm to TenLittleIndians
1091 here, let's geaux!
Posted on 5/7/21 at 2:50 pm to CajunTiger78
I even sold some of my BRPHF to get more shares here, hate to do that but have to cap my overall crypto exposure. But i'll be back with 2-3x the dry power in a month or two to buy even more BRPHF.
Posted on 5/7/21 at 7:25 pm to GeneralLee
I think I’ll sell if it hits 15. Let’s be honest the amount of money it takes to continuously upgrade software, electricity, real estate, etc. at some point has to outweigh the benefit of mining. I see the mine Bitcoin. Are they mining all the other cryptos too?
Page 1 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News