UK 07:36 Saturday, 17 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
The last video between paid promoter Zak Mir and the wretched Hewie Rattray of fiat strapped London Bitcoin Company (BTC) was an unintentional car crash. But three days later, on Friday, there was another one, 2 minutes 22 seconds of nothing. Two ramp videos in three days, can you smell the panic?
I shall let you decide who is the clown and who the knave: In the video below, the Sith Lord Zak Mir interviews Hewie Rattray of London Bitcoin Company (BTC). It is just amazing. What is jaw dropping is how the two chumps agree that last summer’s spike to 56p was both overdone and all to do with the market. Nothing to do with the utterly shameless ramping by Hewie and his chairman Big Dave Lenigas. Then...
As I noted last week, the London Bitcoin Company (BTC) faces a fiat lack of cash crisis unless it is dumping its bitcoin fast. Shareholders who bought at peak ramp 56p last June now own shares trading at just 1.45p. And talk of ramping, boy did David Lenigas take to X to ramp away. Part 2 of the rampest is below, part 1 was here
As I noted last week, the London Bitcoin Company (BTC) faces a fiat lack of cash crisis unless it is dumping its bitcoin fast. Shareholders who bought at peak ramp 56p last June now own shares trading at just 1.45p. And talk of ramping, boy did David Lenigas take to X to ramp away. Part 1 of the rampest is below, more later
Shares in London Bitcoin (BTC) have plunged from 56p to just 1.45p in less thana year and, as I explained earlier, have a long way to fall further. CEO Hewie Rattray who masterminded buying bitcoin at up to $119,000 ( its now $63,500) is an arrogant young man. Watch the videos below as he explains less than a year ago how Michael Saylor is a genius with no need to hedge, Warren Buffett is an "old dude" who does not know what he's talking about and how there is no point dollar cost averaging, you just buy as much bitcoin as fast as you can. Young folks eh...they always know better.
On March 5 the David Lenigas spoof London Bitcoin Company (BTC) ‘fessed that it had been forced to sell 5.99 of its bitcoin to realise $474,409 to pay bloated PLC costs as well as its early stage gold exploration activities. Since then, the bitcoin price has fallen sharply meaning that the company’s 1000 strong bitcoin mining fleet will be burning even more cash. In short London Bitcoin must be almost out of fiat and struggling to pay its bills.
For some reason, early evening yesterday, I found myself logging into one of those online chat-athons on X hoisted by the London Bitcoin Company (BTC) with 4 speakers. One was 13 year old CEO Hewie Rattray, rushing to get the meeting concluded before his parents sent him up to beddy-byes. Tomorrow being a school day and all that. Two were tedious twerps whose names and utterances I cannot remember. Then there was chairman Big Dave Lenigas.
I see that shares in the London Bitcoin Company (BTC) the box of frogs, failed bitcoin miner cum bitcoin in treasury spoof cum gold explorer run by the old rogue David Lenigas have headed back up to 2.55p. That leaves Lenigas sitting on a 900% gain on his shortly before IPO investment and mug punters now sitting on losses from peak ramp of only 96%. Before anyone gets carried away, a few questions::
Mr Webley, the boss of Smarter Web Company (SWC) is organizing an event on May 29 in Bristol the Bitcoin Treasuries Unconference as you can see HERE. But it seems that not everybody is NOT invited to the ball…
Yesterday I asked 65 year old birthday boy David Lenigas to come clean on the fiat light balance sheet at the London Bitcoin Company (BTC) which he co manages with 14 year old pipsqueak Hewie Rattray. Today I ask you to consider the most recent 29 April RNS and why Hewie talks utter cock. Well, he has learned from the master…
In the good old days David Lenigas would, as he turns 65 today, have been handed a gold watch and wished well in his retirement. Sadly, none of the dreadful companies he has inflicted on London investors have ever produced enough gold for a watch so he must plug on. And that brings me to his latest wealth destroying disaster.
Thanks to reader K who supplies a new logo and suggested name change for the London Bitcoin Company (BTC) run by spoofer David Lenigas following news last week that it is having to start selling sone of its e-tulips at a huge loss simply to pay some of its fiat bills and keep the Fat Lady at bay.
The year end for David Lenigas spoof the London Bitcoin Company (BTC) is February 28 and so how about a year end trading statement because: here’s the thing, with bitcoin down to $63,000 how on earth can Big Dave pretend his company is truly viable. The shares were 56p at peak ramp last July but are now 2.05p. My target is 0p. Let’s start with Michael Burry of “The Big Short” fame!
Surely the clowns from London Bitcoin Company (BTC) are worth backing in our latest prize contest after an RNS today which combines LIES and diworsification
