Fortitude posted a quarterly loss despite strong $ZEC mining performance.
The damage? ~$15M net loss from equipment impairment write-downs.
They're still eyeing a Nasdaq listing. Classic miner playbook: mine hard, write down harder, hope for a liquidity event.
Mining ops are solid but balance sheet took a hit. Watch this if you're tracking public mining plays or $ZEC exposure.
The damage? ~$15M net loss from equipment impairment write-downs.
They're still eyeing a Nasdaq listing. Classic miner playbook: mine hard, write down harder, hope for a liquidity event.
Mining ops are solid but balance sheet took a hit. Watch this if you're tracking public mining plays or $ZEC exposure.