Jan. 15 at 2:59 AM
$ASST 🚨🚨🚨Insights:
they should rip the bandage and RS asap. Its bad to let it loom over price action. If BTC dips, it will shred price action prior to RS. If that occurs, starting point will be significantly closer to zero.
R/S will strategically put is in a better position.
Peak partial bull case is that we rise to 1.35, excercise warrants and buy a boatload of BTC (a gorgeous appreviating asset), then with the new share issuance, ~500M, we chuck that into the R/S and reduce s/o. Then issue some SATA as we near par, and buy even more BTC in a non dilutive manner.
500M from warrants, repeat 400-500M from SATA (maybe this time at a lower dividend rate), and buy BTC and maybe eliminate SMLR debt, while simultaneously buying back shares.
2x minimum impact to price.
I like this stock. RS masking inbetween merger just makes it harder for us to see 1.35 to tap into warrants.
Nonetheless, lets get ready to R/S quick and begin to execute on BTC mandate. 🔥✅🇺🇸🇺🇸
