We have another 60% to fall
26M share offering for 1% senior notes for $400M (~200M shares outstanding)
An additional 15M shares for executive bonuses due to a vote (has never not passed since 2018) (~215M shares to be outstanding for at least 2 years before another amendment)
Another huge offering after 2. is approved, to fund operations until and before the halving (mid-2024). I think it'll be the size of RIOT's ongoing $750M offering. (~300M outstanding by mid 2024) $Marathon Digital Holdings Inc(MARA)$
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