We were mining few years ago ourselves with one of these in the nascent days of bitcoin.
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I recall telling my parents don’t worry about the noisy setups in the garage and I’ll cover the extra cost of electricity. Calculating our returns – we are easily up 20X on our money averaging out our returns.
Bitcoin cash was (BCH) was even a bonus – as spinoff fork in Bitcoin back in 2017 gave us another chunk.
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Bitcoin really hit a peak this week with Coinbase IPO.
Coinbase’s closing level gave the stock a fully diluted valuation of nearly $86 billion. Earlier, in the day, the stock’s valuation easily exceeded $100 billion, with shares rising to as much as $429.54 in the minutes immediately following its opening trade.
The stock was given a reference price of $250 per share on the Nasdaq on Tuesday, though no shares traded hands at that price. Coinbase’s direct listing differed from a traditional initial public offering in that no new shares were issued in the process
CNBC April 15, 2021
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We have been pounding the table on several bitcoin and crypto deals over the years – with nearly $100 billion market cap for one of the biggest exchanges of Bitcoin, Litecoin, Ethereum, even Dogecoin out there IPO this week – April 2021 marks the date down in history as the day when crypto is here to stay.
Here are how some of our picks has done. Follow us on Twitter @capitaljemini or IG @jeminicap