The interest rate difference is 2 points, and then the operating cost is 20 million, which will earn millions a year. In the first half of the year, the performance of new mining machines should be average, and there will be opportunities in the second half of the year and next year. When the loan book is bigger, it can have a leverage effect.
Individuals still prefer $MATH, with double the revenue volume, 50% gross profit, and 1/4 of ANT's operating costs. 10-15mm profit last year. The market capitalization is 1/3 of it. It feels like the market is clearly mismatched.
Two days ago, Antalpha went public vigorously, and when I looked at it just now, the total market value was less than $300 million!!
This is a leading enterprise in the industry, with a revenue of $47.45 million and a profit of $4.39 million. I can't find the total size of the funds, but I guess it should be at least a few billion dollars, and Tether still has a stake of close to 10 points. How much can such a company be worth if it is issued? $2 billion is not too much.
The so-called investment is to buy low and sell high, and leave the rest to time.
If you had a long-term amount of money right now, would you choose to buy ANTA or Binance's recent launch of a bunch of $200 million in FDV tokens? It's not hard for a discerning person to judge.
But the reason why the price of ANTA has not gone up, I guess is because it is inconvenient for people in the currency circle to buy it. It is necessary to open a bank account first, withdraw funds from OTC, and then open a securities account to deposit funds, so that most people are blocked.
Considering that there will be a bunch of leading companies in the cryptocurrency circle listed in the near future, such as Circle, Galaxy, kraken, Fireblocks, etc. The most worthwhile thing to do now is to prepare the bullets so that you can hold the shares of the leading companies in the industry at a low price. Those who do payment channels, U cards, RWAs, and CEXs should consider how to solve the problem of people in the currency circle using U to buy high-quality stocks more conveniently.
Luckily, we've already explored some solutions and look forward to sharing them with you soon.
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