Bit Origin Inks LOI For Lease Of 1,000 Mining Spots


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • Bit Origin Ltd (NASDAQ:BTOGhas entered into a Letter of Intent (LOI) with Your Choice 4 CA Inc (YCI), a U.S.-based data center operator, to lease 1,000 mining spots.
  • The mining spot will have three Megawatts (MW) of mining power and will be located in Marion, Indiana.
  • The company expects the lease agreement to increase its productivity by about 12.66 BTCs per month when all miners are deployed in mid-June 2022.
  • YCI has agreed to provide Bit Origin with 1,000 hosting spots, providing about 100 PH/s at full capacity. 
  • Price Action: BTOG shares are trading lower by 1.61% at $0.47 on the last check Monday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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