Jul. 14 at 6:29 PM
$ARBK High volume, rising price – despite dilution risk. What’s going on?
Investors don’t seem fazed. Why? Fundamentals might explain it:
If Argo reaches full capacity around 4 EH/s and BTC holds near
$120,000, monthly revenue could exceed
$10M.
With power costs down (≈
$0.03/kWh), gross margins can surpass 70%. That means ~
$7M gross profit per month — or over
$80M annually.
With modest capex and a potential loan (instead of issuing more shares), Argo could turn highly profitable — making current market cap (~
$22M) look undervalued.
Assuming modest overhead and a strategic loan (instead of new shares), the company could post strong net profits.
At just a 10× earnings multiple, that could justify a market cap of
$800M — implying a target share price above
$10, vs. ~
$0.30 today.
Do your own DD.
