Back to catalogue
BTC
London Btc Company Limited
170/1000 Overall fit
AI beneficiary 35% 15
Operating leverage 25% 15
Valuation 25% 20
Downside protection 15% 20
First-pass take
Bitcoin mining company with zero AI exposure. Revenue doubled to £582k but operating losses expanded 64% to £1.2m; massive share dilution (253m→347m shares) and £1.7m cash burn in 6 months unsustainable without continuous capital raises. Cyclical commodity play with net debt position (£1.5m owing to directors).
Flags
non-ai-businessloss-makingcash-burnhigh-dilutioncyclicalsingle-revenue-streamnet-debt