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I explain how to reach the 24k BTC cost that Ionic Digital reported and the level of misinformed vocal creditors in twitter and finally my thoughts on the company & where to spot deflection in a public statement. 00:00 - Intro & context for the shareholders 01:06 - Tony V thought Matt was fired 02:34 - Understanding why the location of Ionic sites matter 04:51 - A collage of people that don't know anything about Ionic Digital or what it means to be a public company 06:34 - How to calculate Ionic Digital BTC cost in Q2 07:37 - Step by step about my numbers and calculation 16:30 - My guess for Q3 Mining Cost & why I think they deploy the containers in April 18:58 - Understanding the level of misinformed creditors not doing due diligence 19:32 - Hostile take over driven by uninformed people with a proven track record of bad takes 20:33 - My take has someone that worked in the renewable energy business 22:26 - Interim CEO explaining the value of the company comes from West Texas 23:19 - How does Bullsh8t talk sounds in public company Google Sheet: docs.google.com/spreadsheets/d/1GtK5ff_IUr3bTFZW4Oe6JJ6NCo14SgHrUrN1jejtAhY/edit?usp=sharing Mike Cagney space (full) • Mike Cagney Twitter Space Now Deleted... My space (full) • Ionic Digital are we good or bad? Cas... Tony V space (my intervention & discussion about Matt leaving) • The level of insanity & uninformed lo... Asher Space (full) https://x.com/ashergenoot/status/1840... Interim CEO John Penver Interview • Ionic Digital on Energizing Bitcoin