Feb. 19 at 7:43 PM
$MTVA Let me suggest an alternative, lower risk and higher reward play that you won't have to wait until the end of 2026 to see come to fruition: IBG
IBG is a small Australia-based beverage company (founded 2019, public Sep 2024) trading near
$4.50 with a ~
$3.2M MC and over
$2M annual revenue. The company plans to merge with BlockFuel Energy, a private Texas oil & gas firm focused on converting stranded natural gas into power for BTC miners and data centers. Under the Feb 11 update (https://shorturl.at/Szr38), IBG holders would own ~10% of the combined company, with BlockFuel valuations estimated around
$200M–
$350M which would imply an 6x to 10x increase from the current MC.
The merger makes strategic sense: BlockFuel gains a reverse IPO/Nasdaq listing, while IBG gains capital and a new direction. The key link is CEO Dan Lanskey, who leads BlockFuel and sits on IBG’s board, with prior Oklahoma oil & gas startup experience.
This is much better than MTVA.