Defi Technologies put out a press release announcing another USD 40 million in trading profits in May. If this is sustainable, the company would be worth billions. On the other hand, it makes me worry that it is another FTX - the crypto exchange that blew up. We will just have to wait and see if it can also generate losses. So, I am going to be very conservative on position sizing for now. I have 65,000 shares.
Tuesday, June 04, 2024
Defi Technologies Announces More Trading Profits in May
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