Why SOS is extremely undervalued and is worth >$26
$SOS Limited(SOS)$The true value of SOS is >$26, Let me give you a perspective of how much SOS is worth comparing to its competitors;Using a bitcoin price of ~$54.2k and eth of $1.83k:$Marathon Digital Holdings Inc(MARA)$- Currently has 1.01 eh/s which is $356k a day in revenue. But note that Mara is expected to increase this to 1.4 eh/s by the end of march$Riot Blockchain, Inc.(RIOT)$ - Currently has 1.06 eh/s which is $373k a day in revenueSOS hashrate - With all ~15600 machines set up - 527P btc and 1056G ETH, which is $199k and $110K respectively ($309k total). With just the first 5000 the revenue is $99k, with 10000 set up it is $198k. Currently they have the
$SOS Limited(SOS)$With the share offerings, I am even more bullish, actually just bought more at $4.50. Imagine what SOS could be doing with this extra cash - acquiring more rigs, acquiring an established US blockchain company etc etc, any of the options will end up positive to SOS. Besides the fund company who bought it at $5 will not be buying at this price if they do not believe it is worth lesser than that!
$SOS Limited(SOS)$I am pretty sure these hedge funds are running out of fuel soon. They are so desperate that they have to pay various law firms to drive their agenda.
$SOS Limited(SOS)$New PR - SOS Ltd. Enters into a Non-Binding Letter of Intent to Acquire the Majority Equity Interest of Three US-based Power Plants Aiming to Expand its Crypto-mining Operations into North America.Source: https://service.sosyun.com/sos_en/news_list_210412.html
$SOS Limited(SOS)$upcoming catalysts in the next few weeks and their expected price spike based on my speculation:1) Closing of share offerings (somewhere today or tomorrow) ~ 5% increase2) Receipt of the last mining rigs (1-2 weekstime) ~ up to 10% increase3) Announcement of new investments/acquisition/purchase of new mining rigs from the 125m raised (1-2 months time) ~ 20-30% increase depending on what they are acquiring4) Complete installation of the last mining rigs batch (late april/early may) ~ up to 15% increase5) Release of Q4 FY20 results (May) ~ up to 20% increase if company turns profitable
$SOS Limited(SOS)$Remember folks, this is actually a Value stock (a very undervalued one). Potentially $26 on the downside and $40 on the upside combining their mining andother businesses.
@ShawnTrades:Why SOS is extremely undervalued and is worth >$26