Birdwatch Note Rating
2024-03-27 13:47:39 UTC - NOT_HELPFUL
Rated by Participant: B314437A6D1D08FC2950E115D54A16AF5F4DD94AEE8B8616E7979662B0724D0D
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