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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: ajtj99 who wrote (97474)12/16/2025 12:44:13 PM
From: Qone01 Recommendation

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ajtj99

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OK, I went through this deal with a fine tooth comb. $1.5 billion in a PIPE at $27 and change. These have been sold. June 13th 2025 424B3 prospectus was filed registering the shares for resale on the public market.

There still is $1 billion in a note that is floorless at a 30% discount to the stock price. Don't know how much of this has been converted. Their next report should show this. Debt should come off of their balance sheet.

They get to keep the bit coin no matter what, it was not pledged as collateral. The floorless is the lenders guarantee of profit.

This was hidden in exhibits and not shown in the prospectus.
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