#nipgroup
nipgroup
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$NIPG after a reverse split 1:30 to push its price above a dollar, but the real problem is still there! 📉
The stock is now around $9, but if you calculate it before the split, it equals $0.30! So compared to the offering price that was $9 (which equals $270 after the split), the stock is down 97% 😬
The company issued a lot of shares over the past year—its share count has increased 5 times! And the investor who used to hold their percentage now has around 18% of what they had before 💸
Their mining—last update was January 2025. Since then, no new figures have been released about how much Bitcoin they’re mining! $BTC
The electronic games that were the company’s original business: revenues fell 57% and profits turned negative 😕
What do you think—can a company recover after these challenges? Or is the stock still going down? 👇
#BTC #NASDAQ #تعدين_البيتكوين #إقرا_كريبتو
#NIPGroup
$NIPG after a reverse split 1:30 to push its price above a dollar, but the real problem is still there! 📉
The stock is now around $9, but if you calculate it before the split, it equals $0.30! So compared to the offering price that was $9 (which equals $270 after the split), the stock is down 97% 😬
The company issued a lot of shares over the past year—its share count has increased 5 times! And the investor who used to hold their percentage now has around 18% of what they had before 💸
Their mining—last update was January 2025. Since then, no new figures have been released about how much Bitcoin they’re mining! $BTC
The electronic games that were the company’s original business: revenues fell 57% and profits turned negative 😕
What do you think—can a company recover after these challenges? Or is the stock still going down? 👇
#BTC #NASDAQ #تعدين_البيتكوين #إقرا_كريبتو
#NIPGroup
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