5 unchanged sentences
Our business and development strategy is focused on maintaining and expanding our bitcoin Mining operations to maximize the amount of new bitcoin rewards we earn.
−Removed: As of June 30, 2024, we did not have any bitcoin holdings.
+Added: As of September 30, 2024, we did not have any bitcoin holdings.
We cannot predict the future market price of bitcoin and, as such, we cannot predict future changes in the carrying value of our bitcoin assets based on future market prices.
The future value of bitcoin will affect the amount of revenue recognized from our operations, and any changes in the future value of bitcoin while we hold it in our account would also be reported in our net income (or loss), either of which could have a material adverse effect on the market price for our securities.
−Removed: Bitcoin prices for the three months ended June 30, 2024 ranged from a low of $56,643 to a high of $72,674, with an average price of $65,677.
−Removed: A hypothetical 10% increase or decrease in the price of bitcoin produced during the three months ended June 30, 2024, would have increased or decreased net loss by approximately $11.1 million.
+Added: Bitcoin prices for the three months ended September 30, 2024 ranged from a low of $49,250 to a high of $68,245, with an average price of $61,002.
+Added: A hypothetical 10% increase or decrease in the price of bitcoin produced during the three months ended September 30, 2024, would have increased or decreased net loss by approximately $6.8 million.
Commodity Price Risk
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.