Report
John Roy, Ph.D

Water Tower Hour Recap

Vinanz Executive Chairman David Lenigas joined us on the Water Tower Hour podcast. Those interested can listen to the episode on Apple Podcasts, Spotify, or on our website. Links accessible in our full report. Founded in 2021, BVI-based Vinanz is a London-listed Bitcoin mining company focused on decentralized deployment of Bitcoin mining clusters in multiple data facilities throughout the US and Canada. The stock trades on the London AQSE under the ticker BTC.AQ and on the OTCQB under the ticker VINZF. The company has 131 million ordinary shares, with 30% in public hands, and has raised £1 million to date. The company has 30 petahash of mining capacity. Lenigas discussed the company’s capital-light business model. Outsourcing Vinanz’s mining operations makes the company nimble and able to spin up clusters of mining machines where needed. The allows the company to stay away from any debt and just focus on growth and profitability. Lenigas described this as a slower but much more stable path along its Bitcoin and blockchain journey. The company recently became Depository Trust Company (DTC) eligible, which allows its stock to be actively traded online in real time in US$ with US paper. Vinanz had to overcome significant hurdles for foreign issuers to become DTC eligible. Lenigas sees this as a key event in getting the company’s US volumes up. Lenigas and Vinanz management believe Bitcoin (BTC) will appreciate 20-30x in the next four years. Many BTC bulls see it in the 8-10x level. Given this bullish position, Vinanz holds a significant amount of BTC.
Provider
Water Tower Research
Water Tower Research

​Water Tower Research is built on the foundation of democratizing information flow. We bridge the growing information gap between companies and investors through our investor engagement strategies and open-access research platform.

Our research analysts are Wall Street veterans with the experience and knowledge to work with companies and investors in tandem. We provide access to the information and content that anchors the due diligence process for both professional money managers and individual investors. We leverage traditional research distribution channels and the best of modern digital strategies and tactics to amplify this information flow globally to engage all categories of investors and stakeholders.

Information flow is the foundation for creating investor awareness, knowledge, and engagement. Our mission is to help companies and investors have the tools they need and achieve their goals.

Analysts
John Roy, Ph.D

Other Reports from Water Tower Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch