Thorney Investment Group founder Alex Waislitz said his company made a 38-times profit on its early investment in Firmus, blaming “conservative institutions” for killing the neocloud’s much-hyped $44 billion float on the ASX.
The AFR Rich Lister said that he had first invested in Firmus at a “$4 to $6” share price when it was still a nascent bitcoin miner, before quickly pivoting after the pandemic when cryptocurrency prices fell sharply.
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