BTBT

PookieMan1989

Unfortunately I don’t have a massive position as I took positions in IREN/WULF/CIFR/BITF/BTBT around the same time and got stretched for funds. But, I have 225 shares with a $9 average. Havent sold any yet. Plan was to take profit on BTBT calls that expire i. Jan and increase IREN stake…Still waiting on those calls unfortunately.

InverseTheReverse

What’re you talking about…..ETH, HOOD, and BTBT are all up in the last 63 days….you’re telling me I’m late again??

InverseTheReverse

Count me in. I saw BTBT the other day and meant to look it up. This is good enough for some calls and maybe sprinkle in 1,000 shares. As long as it doesn’t jump before I can get in

CuckedbyZuck

Chart, order flow, options chain, social media sentiment and sector rotation. Chalk it up to experience and you just have vision eventually y’know? Rode BTBT from 4-16 in 2021 and SPRT from 5-55 in consecutive trades BTC mining/energy is my sector and rotations hit harder than you would believe I honestly thought $HIVE a few days ago but seeing fomc reaction $BITF is the sure thing

BullyMog

I hope so. I am bagholding BTBT Lol.

DicksFried4Harambe

TLRY BTBT crypto, commodities

mamegan

if BTBT finally goes up after i’ve beeb bagholding for weeks 🤌🤌🤌

PookieMan1989

Creating an ETH treasury similar to BMR; which makes me surprised it hasn’t ripped. Also split a large portion of the business pertaining to data center infrastructure into another company called “White fiber” to which BTBT owns 80%. I think it’ll run. I have 26, 4 dollar calls for end of Jan.

stickygrippy

$BTBT & $WYFI are both things to watch too. Same CEO for both companies.

vkmultra

Watching crypto plays… NAKA - 20% up after hours. BTBT - they have 500 mil of ETH and growing and own a stake in Whitefiber (WYFI) which has first earnings tomorrow since IPO and is looking to pop like CRWV.

vkmultra

Watching crypto plays… NAKA - 20% up after hours. BTBT - owns a big stake in Whitefiber (WYFI) which has first earnings tomorrow since IPO and is looking to pop like CRWV.

PookieMan1989

IREN/WUlf/Cifr/BITF. Been mentioning these in every post I make. IREN is still king IMO, but we haven’t seen anything yet IMO. BTBT is also a good bet for leaps($4Jan2026).

Seadog98

BTIF, BTBT or IREN is the question

vkmultra

Thanks for the rundown - I'm in on both BTBT and WYFI for some time. Hoping the earnings call goes well!

Professional_Cod_258

His intrinsic value is correct.  It is the net asset value of ETH and WYFI. For reference: -- if BTBT liabilities increase while the price of ETH falls, the NAV will decrease. -- on the other hand, if BTBT liabilities increase while the price of ETH rises, the higher value of its assets can offset liabilities, therefore increasing NAV. ETH is currently challenging all time highs right now.  Where does it go tomorrow? in a week? in a month? in a year? Ill be honest, I don't know.  BUT: I am bullish on ETH, and I believe that within the next five years we will see a substantial rise in price.  If you want to see how BTBT calculates it's NAV, it is transparently shown on the home page of its website.

Professional_Cod_258

I agree with this take regarding BTBT.  It highlights both the rewards AND the risks.  Adding to this discussion, if WYFI were to appreciate, unlike other treasuries, BTBT can use partial sales of stock to increase its ETH treasury strategically.  This is a long-term play.  If you believe in ETH, you need to be invested in this company.

Alternative-Eye5839

BTBT’s CEO Sam Tabar has been limited in how he can talk about things because of a mandated quiet period after the WYFI IPO, which expires tomorrow. This week BTBT is also seeking a shareholder vote to create more shares as a way to raise equity capital and acquire more ETH. There are concerns about shareholder dilution, but I think they’re looking to get the flexibility to raise equity and then issue shares when the dilution can be accretive. There’s no guarantees of this, but it would make sense to me. It’s tough to compare BTBT with other treasuries because of its WYFI holdings so the mnav is not apples to apples. I’m a BTBT investor, so take anything I say with the appropriate grain of salt.

Alternative-Eye5839

There’s a dilution risk with any crypto treasury, but generally equity is only issued when the stock is trading at a premium, to make the dilution accretive. BTBT also owns some 70-80% of WYFI, which it plans to divest over time once its lockup period ends in February. This will raise capital in a non-dilutive way. BTBT is trying to get shareholder approval this week to give it the ability to increase its number of shares, when it makes sense, and minimizes potential dilution. It’s important to get this approval and have that flexibility, so when price is at a premium they can opportunistically acquire ETH through equity capital. Saylor and MSTR did this brilliantly with BTC.

Alternative-Eye5839

The market has struggled to evaluate BTBT because its strategic narrative has shifted substantially, and past financials and profits are not telling the story of where they’re headed. For any digital asset treasury intrinsic value is mostly its NAV, as it’s more like a holding company than a business operation like we’re used to thinking about it. - they have abandoned BTC mining, which is no longer profitable with the rising energy costs and BTC mining rewards constantly being halved over time - they own 70-80% of WYFI, an AI HPC which recently IPOed and is being carved out (WYFI is up 23% this past week) - BTBT is very clear that their sole goal now is to become a leading ethereum treasury, and they plan on divesting WYFI over time to make opportunistic ETH accumulation minimizing potential share dilution - you need to be bullish and long on the macro case for ETH to really appreciate the BTBT opportunity beyond a simple discount to nav play - with the Genius Act, there’s regulatory clarity on stable coin, and there’s a clear movement and institutional alignment in the broader financial systems to integrate tokenization and stable coin, and this is mostly being built on ETH rails as a settlement layer - ETH is rapidly evolving into a store of value narrative similar to gold, and in recent years, bitcoin In my opinion, ETH treasuries like BTBT (especially if you can get it at a discount like right now) are the best risk-adjusted bet for asymmetric returns in the long run, if you believe in ETH as an emerging global settlement layer.

DicksFried4Harambe

TLRY BTBT What’s the few plays I’m missing

ConsistentPlatypus10

BTBT normally sits around $3.03-$3.35 ,high and low points are $2.84-$2.99. I normally buy 2000-4000 shares to make 10-12% return. I was actually shocked to see $2.42 last week, but I was out of funds to buy the dip.

Ancient-Stock-3261

Solid breakdown, man. The ETH stack and WYFI stake definitely give BTBT some hidden value, but with ETH volatility and IPO risk, this one’s not for the faint of heart. Could be a sleeper play if the AI/cloud angle pans out, but you gotta size it right and expect wild swings.

millionaire_vietname

Rate cut week so ATCH, OPEN, AIRE, OPAD, BITF, BTBT but also watching ASST pre market because of recent merger talk

Alternative-Eye5839

The market has struggled to evaluate BTBT because its strategic narrative has shifted substantially, and past financials and profits are not telling the story of where they’re headed. • they have abandoned BTC mining, which is no longer profitable with the rising energy costs and BTC mining rewards constantly being halved over time • they own 70–80% of WYFI, an AI HPC which recently IPOed and is being carved out (WYFI is up 23% this past week) • BTBT is very clear that their sole goal now is to become a leading ethereum treasury, and they plan on divesting WYFI over time to make opportunistic ETH accumulation minimizing potential share dilution • you need to be bullish and long on the macro case for ETH to really appreciate the BTBT opportunity beyond a simple discount to nav play • with the Genius Act, there’s regulatory clarity on stable coin, and there’s a clear movement and institutional alignment in the broader financial systems to integrate tokenization and stable coin, and this is mostly being built on ETH rails as a settlement layer • ETH is rapidly evolving into a store of value narrative similar to gold, and in recent years, bitcoin In my opinion, ETH treasuries like BTBT (especially if you can get it at a discount like right now as retail investors sleep on this one) are the best risk-adjusted bet for asymmetric returns in the long run. Risks include execution, governance, crypto volatility, and broader black swan events.

Alternative-Eye5839

The market has struggled to evaluate BTBT because its strategic narrative has shifted substantially, and past financials and profits are not telling the story of where they’re headed. - they have abandoned BTC mining, which is no longer profitable with the rising energy costs and BTC mining rewards constantly being halved over time - they own 70-80% of WYFI, an AI HPC which recently IPOed and is being carved out (WYFI is up 23% this past week) - BTBT is very clear that their sole goal now is to become a leading ethereum treasury, and they plan on divesting WYFI over time to make opportunistic ETH accumulation minimizing potential share dilution - you need to be bullish and long on the macro case for ETH to really appreciate the BTBT opportunity beyond a simple discount to nav play - with the Genius Act, there’s regulatory clarity on stable coin, and there’s a clear movement and institutional alignment in the broader financial systems to integrate tokenization and stable coin, and this is mostly being built on ETH rails as a settlement layer - ETH is rapidly evolving into a store of value narrative similar to gold, and in recent years, bitcoin In my opinion, ETH treasuries like BTBT (especially if you can get it at a discount like right now) are the best risk-adjusted bet for asymmetric returns in the long run.

LosHuevos69

BTBT beating the shorts

mamegan

BTBT

ObviousAd2097

I've got eyes on FIGR IREN NUAI BTBT

LosHuevos69

Stupid ass short sellers trying to short BTBT after a run. They only have around a day to cover, though.

Historical_Stage2622

BTBT?

D1550N4NZ

Funniest thing: Someone posted about BTBT, I checked it out and was like nah, but while searching I stumbled across Bitfarms due to the similar name and bought that instead. So yeah, very random and I have no idea what I’m doing.

warmturtle5758

Trimmed more OPEN today, opened up BTBT position. IREN and CIFR have me up over 10k in the last 5 weeks

mamegan

BTBT is pretty stable

JoeBucksSafeWord

BTBT above $3 finally on WYFI’s move

Woody1937

This means WYFI is 16% overvalued not that BTBT is 16% undervalued

CultureForsaken3762

WYFI up 30%. BTBT owns 74% of WYFI and should be up by 30% as well. BTBT a bargain at $3.00/share

Alwaysfavoriteasian

Why is BTBT moving?

PookieMan1989

CIFR/WULF/IREN/BTBT/BITF has grown to be about 40% of my port. Tarded? Potentially. But I’m willing to go all in on “compute” being the new “oil”.

ChillChillyChris

What's the link with NBIS and BTBT?

Soberdonkey69

WYFI and BTBT are the current talk after NBIS. What’s the moat for BTBT?

CultureForsaken3762

BTBT owns 74% of WYFI. Yet, BTBT is trading 20% below its net asset value…

flippin_ruckus

BTBT bout ready to fucking moon! 🌙

flippin_ruckus

BTBT 🚀

Dumbest_Degenerate

Did not think it would be this early but here’s my WYFI comment WYFI has massive potential. They’re a cloud provider and Colo provider, think as a mini NBIS or CRWV. Spun off from BTBT, they have data centers up and running Canada. Have cloud revenue that’s likely over $88m ARR. Colo deal that’s going to hit in January once one of their DC in Montreal is finished, tenant already lined up (Cerebras, look them up). Main upside is that they specialize in retrofitting buildings into DC instead of building them from scratch. It’s quicker too. They just bought a site this year in NC and are on plan that have it up and running in Q1 2026. They already have a LOI from a customer and they haven’t even finishing building it. That’s just for the 24MW. That DC can scale up to 200MW. MASSIVE potential. My other stock is DEFT. Canadian company that basically operations ETPs for crypto tokens. Basically like IBIT or ETH ETF or SOL ETF whatever but they mainly Operate in Europe. So you guys know how crypto is exploding, many are accepting, people want exposure to it etc?!?! Well they make it very easy and convenient to own it. They have I believe over 80 ETPs of crypto related products. Can own most token through their products. But the company makes money from managements fees, staking revenue, lending, etc. They have not had ONE month without net outflows, always growing. Crazy. Over a billion in AUM and they make a blended rate of like 7% of their AUM. That’s not all, this team is spinning out businesses like crazy. Last year they launched a business called DEFI Alpha - basically their arbitrage trading arm. Sometimes trades come up where they’re able to buy discounted tokens (one example is the FTX token payouts). Since most of the time they already own these tokens for their AUM, they’re able to replace, add, or hedge out risk etc. Another is stillman digital which generates trading commissions. Guiding for up to $12M on trading revenue from them. They bought it for about $5M in an all stock deal. Basically made their money back in a year. Hit me up if you guys want to know more

Dumbest_Degenerate

WYFI has massive potential. They’re a cloud provider and Colo provider, think as a mini NBIS or CRWV. Spun off from BTBT, they have data centers up and running Canada. Have cloud revenue that’s likely over $88m ARR. Colo deal that’s going to hit in January once one of their DC in Montreal is finished, tenant already lined up (Cerebras, look them up). Main upside is that they specialize in retrofitting buildings into DC instead of building them from scratch. It’s quicker too. They just bought a site this year in NC and are on plan that have it up and running in Q1 2026. They already have a LOI from a customer and they haven’t even finishing building it. That’s just for the 24MW. That DC can scale up to 200MW. MASSIVE potential. My other stock is DEFT. Canadian company that basically operations ETPs for crypto tokens. Basically like IBIT or ETH ETF or SOL ETF whatever but they mainly Operate in Europe. So you guys know how crypto is exploding, many are accepting, people want exposure to it etc?!?! Well they make it very easy and convenient to own it. They have I believe over 80 ETPs of crypto related products. Can own most token through their products. But the company makes money from managements fees, staking revenue, lending, etc. They have not had ONE month without net outflows, always growing. Crazy. Over a billion in AUM and they make a blended rate of like 7% of their AUM. That’s not all, this team is spinning out businesses like crazy. Last year they launched a business called DEFI Alpha - basically their arbitrage trading arm. Sometimes trades come up where they’re able to buy discounted tokens (one example is the FTX token payouts). Since most of the time they already own these tokens for their AUM, they’re able to replace, add, or hedge out risk etc. Another is stillman digital which generates trading commissions. Guiding for up to $12M on trading revenue from them. They bought it for about $5M in an all stock deal. Basically made their money back in a year. Hit me up if you guys want to know more

Sneely02

Anyone have thoughts on $BTBT?

DonaldPump1

No I sold most of that position day of ipo for prolly breakeven after it started going the way side. So much potential, Sam & BTBT team blew that one big time.

ProfessionalSite1298

Are you still holding BTBT, those calls got smoked

kanyedidnothingwr0ng

I had 4.5c on ONDS that expired Friday worthless cause I bought in at the previous top, an hour into AH they would have been itm. And now it's ripping even more, luckily have a few other calls All my calls looking good except another bad fomo buy with BTBT

kanyedidnothingwr0ng

My calls going into next week; INTC, OPEN, SOFI, NIO, BULL, BTBT, ONDS, SSL, EQX, HTZ My puts are already fukked bc being ber is tarded

SmallIslandBrother

lol I’m hoping BTBT just reaches $20 or so

xRy951

$BTBT is slaughtering me.

IceC13

BTBT owns 75% of white fiber. I have 1,000 shares of BTBT looking to pick up atleast 100 for white fiber wyfi. The ceo Sam bought up shares personally. Just watched a video on YouTube from mcnallie channel interviewing him and seems good to own both

CaptainApeCommander

Imagine buying BMNR SBET BTBT on Friday, shits gonna be down at least 5% with ETH’s price action over the weekend 

praveengavara

Anyone think that $BTBT might go up after hours? They had positive net earnings but the revenue fell short by a small margin. This stock always went up by 15%~ every single time after their earnings announcement no matter if they were profitable or not by EPS. They have earnings meeting tomorrow morning so wondering if anyone here had invested in it or what they think..

Zestyclose-Fix4701

what do we think about BTBT after missing rev?

Jayhwk1978

BTBT 7 cents vs 2 cent loss 🔥

erov

BTBT

erov

BTBT calls?

SuchAnxiety3249

We think BTBT shoots up after earnings when the market closes today? Considering getting in now, thoughts? 

praveengavara

$BTBT, earnings are today after market closes. Can go up ~15% tomorrow.

Zealousideal-Fan115

What do you all think about $BTBT?

Tetrem

What we think about BTBT earnings

redditissocoolyoyo

BTBT and IBIT. Invest in those two. Do your own research on them.

_Idgaff_

BTBT - Given their recent shift from mining Bitcoin to being an Ethereum staking and treasury company in July, the recent hype around Tom Lee's BMNR, and Taco's new 401k EO, how are we feeling about their earnings report tomorrow?

Onebadosteopathswag

and whoever runs btbt does the most retarded PR ever. "BTBT sells all its bitcoin for ethereum." that was instant nosedive. the stock runs like a typical china pos, even when its up it's hard to profit because it's beyond choppy.

Alwaysfavoriteasian

Yea BTBT is fucking my anus pretty bad.

Alwaysfavoriteasian

Can I show you BTBT as competition?

TamaTontata

Its a ponzi bitcoin scheme. Selling bonds and issuing stocks to buy bitcoins forever. The perfect storm is for both stock price and BTC to crash to send it back to reality. Bond/stock owners pull out and its over. BMNR, BTBT, SBET and many others are copying its model thinking its genius until shit hits the fan.

Jayhwk1978

BTBT 🔥🔥

coreyneil

Just gonna post BTBT for the algo's scraping this thread. BTBT BTBT

Consistent-Chart-551

BTBT

coreyneil

cause I bought BTBT....

thunderchkn07

RDW and BTBT melt up soon

kanyedidnothingwr0ng

Sell my BTBT 9/5 calls for -$180 and 35% loss, or hold? I have learned my lesson on cutting losses if needed, but the company is wonky

Stitch426

Yeah, I got out when I finally got green on it. That stock was going nowhere fast. I decided to go for ONDS, HIT, and VERI instead. Cheaper, and they actually go up more than not lately. BTBT as a swing trade or day trade could work with specific limit buy and limit selling- because it’s pretty all over the place. But without taking chance of the volatility, it just is aggravating for a long term hold.

Alwaysfavoriteasian

How does a eth treasury (BTBT) just not move in value after its holding hits an all time high? Piece of shift

Jayhwk1978

BTBT eth 🔥🔥

Dart2255

BTBT does, which owns some amount (I dont remember, 60% something) of Whitefiber. Again I know like what I read in some random article about this

tktytkty

SBET did an offering a few days before. BTBT subsidiary White Fiber IPO’d and sold off and I think BTBT stock algos followed.

tktytkty

BMNR had a massive run on Friday. SBET didn’t. BTBT didn’t either. But I’m assuming all of these will be ran up bigly by the time premarket opens.

Such_Region2724

1/3rd of the way to MSTR level already, interesting. BTBT only has 0.1% but they’re buying like crazy so watching them closely

coreyneil

Bought some call options on BTBT. No idea what they do. My biggest bet yet. Hoping I don't have to return to work after my vacation but most likely will be behind Wendy's doing overtime.

Abzu_Kukku

As I said in a different BTBT thread you are too early.

Alwaysfavoriteasian

Where's the BTBT DD guy? I wanna kick him in the balls.

CultureForsaken3762

BTBT and WYFI starting to turn finally

Jayhwk1978

BTBT eth 🔥

Fancy_Cattle_5914

BTBT doesn't move with ETH like the rest of the ETH treasuries do. The market treats BTBT as more of an actual company than an ETH treasury. If your intention is to be in an ETH treasury that has a low share price, just buy BTCS.

Jayhwk1978

BTBT 🚀🔥 eth

Alwaysfavoriteasian

I just want to say that BTBT sucks dick.

Jayhwk1978

BTBT eth 🔥🔥

coreyneil

God I hope so. I bought some BTBT in my most regarded play.

stockjocky

i have a 3.5 strike and holding the position to see how this plays out. BTBT share volume and option volume was unreal. i have never invested in an IPO like this. it is a sept call so i can see what BTBT earnings brings us. does WYFI add to the BTBT balance sheet?

CultureForsaken3762

$BTBT is trading below intrinsic value right now: It has $450 million worth of ETH. It has a $550 million stake in $WYFI. This equals $1 Billion. $BTBT market cap is $950 million right now. Make it make sense.

Abzu_Kukku

BTBT is not ready yet lol good thing he didn't post it at the time he bought. I trade this often and I did not buy calls yet. Target range is \~$2.5-2.1.

PookieMan1989

BTBT also holds a large amount.

IceC13

I have BTBT & BTCS both eth treasuries. I’m contemplating between sbet and bmnr. I want to grab 100 shares for covered calls. I thought of selling a put but I think the upside is better than the premium. What worries me is sbet being known for financial troubles. How much debt are they carrying & is eth enough to save them lol

TheRealJTAG

Do we see BTBT making a comeback?

WingWorried6176

Lmao BTBT & WYFI posts in here were for dumping bags on us 😂😂😂 knew that shit was sus when they were all posting on the same day

Such_Region2724

BTBT is trashhhhh why did I buy this gorbige