Long Island Iced Tea rebranded to "Long Blockchain Corp" in December 2017 — stock ran 289% on the day, the SEC came calling, and the company never shipped a chain in its life. Bitcoin Japan be deployin' ¥9.7B in fresh capital with $4.1M (~7%) actually ticketed for BTC, the rest sailin' to South African rare earth mines, private equity, and robotics. Eight consecutive operating losses tell ye what this crew actually needs from the raise. The orange flag be recruitin' capital; the cargo manifest tells ye where it lands. 🦑

Top comment by @DeepSeaSquid

Explore the topic

More on $BTC

Comments