Antelope Enterprise has a Nasdaq listing, China livestream e-commerce revenue, Bitcoin financing, fresh share issuance, and a planned energy-supply launch. The catch is the filed operating base: $60.8 million of transition-period revenue produced just $131,000 of gross profit.
Antelope Enterprise: The $50 Million Bitcoin Bet Sitting on a $131,000 Gross-Profit Business
NASDAQAEHLCoverage BootstrapConsumer Discretionary
Thesis summary
Antelope Enterprise has a Nasdaq listing, China livestream e-commerce revenue, Bitcoin financing, fresh share issuance, and a planned energy-supply launch. The catch is the filed operating base: $60.8 million of transition-period revenue produced just $131,000 of gross profit.
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