Ebon at 10 It is just a question of days before it reaches 10. All news are positif and no dilution is going on.
After that, I don't know...
EBON trade ideas
$EBON PT 30 and higher $BTC.X Miner (fm @Snake Doc)Ebang International Holdings Inc., through its subsidiaries, engages in the manufacture and sale of Bitcoin mining machines and telecommunication products in the People's Republic of China, the United States, Hong Kong, and internationally. It provides application-specific integrated circuit based Bitcoin mining machines; and Bitcoin mining machine accessories, as well as ancillary services to assist its customers operations. The company also offers mining machine hosting services that enable its customers to operate their mining machines remotely. In addition, it provides fiber-optic communication access devices comprising multiprotocol label switching fiber-optic access network devices, multi-service access platform integrated business access devices, and wavelength-division multiplexing fiber-optic devices; and enterprise convergent terminal products, such as gigabit passive optical network, enterprise cloud gateway devices, industrial Internet of things access devices, and business enterprise smart wireless access devices. The company sells its Bitcoin mining machines for enterprises and individual buyers under the Ebit brand through direct sales; and telecommunications products for telecommunications service providers under the EBANG brand name through direct sales. The company was incorporated in 2018 and is headquartered in Hangzhou, the People's Republic of China
EBON (EBANG makes BTC Mining Hardware)EBON (EBANG makes BTC Mining Hardware)
This will go up but what puzzles me is that it's competitor has a lower price and it is still dropping - both EBANG and CAN should be the same price and the y both will climb but both are finding that price as i write this.
I am hopeful we will have a longer chart in the future with more to see.
Once the BTC price jump everyone will wonder what these mining companies do - they make mining equipment and i would think they also are mining bitcoin so they will be profitable.
Preparation for Establishing a Cryptocurrency ExchangeEbang International Holdings Inc. Establishes a Subsidiary in Singapore in Preparation for Establishing a Cryptocurrency Exchange
we expect to expand our industry chain layout from providing equipment to offering trading services.
we plan to seek the relevant governmental approval and license to operate the cryptocurrency exchange and related business.
However, there is no guarantee that we will receive such approval and license on commercially reasonable terms, or at all, or that we will commence the purposed business as planned, or at all. Shareholders are cautioned not to place undue reliance on this press release.
finance.yahoo.com
