Feb. 4 at 3:33 PM
$WYFI its IPO share price was at
$17. Lock-up just ended, but
$BTBT stated they won't sell in 2026. Current price is about
$17. Naturally, it makes sense to not sell if you're building out the company and own nearly all of the shares.
NC-1 is being built as I type this. Cerberus was a success, and NC-1 is a repetition of the Cerberus project, just at a larger scale. Which isn't easy, but so far WYFI's innovative with their brownfield methodology, and I estimate they'll pull it off.
I reckon what we're seeing here is fear because Ethereum tanked, and people think BTBT is going to break their word and sell. IMHO, that's a short-term assessment, and I reckon it's wrong.
I've personally bought around this level, and consider it a good entry. Time will tell if I'm right. But if NC-1 proceeds as successfully as Cerberus did, I can see WYFI rerate to
$30-
$40, potentially more if they start trending online. Do your own research, as this is not advice.
