Birdwatch Note Rating
2024-03-27 09:36:35 UTC - NOT_HELPFUL
Rated by Participant: 37BE6ED68AE838BD597738A9E4C0F61FA21D6166DA6DF550BDF3EF7598E7DDB5
Participant Details
Original Note:
The company made a letter of intent to buy the Bitcoin, but there is a high likelihood they won't be able to do so. The market cap is only 14 million while the Bitcoin is worth around 1.7 billion. https://www.globenewswire.com/news-release/2024/03/25/2851986/0/en/Nilam-Resources-Enters-Letters-of-Intent-to-Acquire-24-800-Bitcoin.html https://www.cnbc.com/quotes/NILA https://coinmarketcap.com/currencies/bitcoin/
All Note Details