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Looked into this company and it IPO’ed at $90 a share in 2011 and it’s down 97% since
So early investors got absolutely rekt.
But now they have a flawless balance sheet
And they are profitable
But earnings are expected to decline.
The ownership profile seems to be evenly distributed
This dilution and debt is an attempt to spark a business that isn't in a terrible spot.
Wonder how the market will react to this news. I would buy this stock based upon the balance sheet and being bullish on 5G and now they are adding Bitcoin they have an opportunity to outperform Bitcoin in fiat terms.