Binance Square

bmnr

59,509 views
87 Discussing
GALAXY 7
--
BitMine Boosts Ethereum Bet with $429M Purchase, Targeting 5% of Total Supply Tom Lee's firm BitMine Immersion Technologies (BMNR) purchased 138,452 ETH last week for approximately $429 million, increasing its total holdings to 3.86 million ETH as of December 8, 2025. The purchase came as Ethereum's price rebounded from recent lows. BitMine Holdings and Strategy Total Holdings: BitMine holds 3,864,951 ETH valued at approximately $3,139 per ETH. Total crypto and cash holdings amount to $13.2 billion. Company Ranking: BitMine is the world's largest Ethereum treasury company and the #2 global crypto treasury overall, behind Strategy Inc. (MSTR), which primarily holds Bitcoin. Accumulation Pace: The firm is accumulating ETH at an aggressive pace, aiming to eventually control 5% of the total ETH supply. Stock Performance: BMNR stock is one of the most actively traded stocks in the US, with average daily dollar volume around $1.8 billion, ranking #37 among US-listed stocks as of December 7, 2025. The current stock price is around $35.15 per share. Future Plans: Tom Lee mentioned the upcoming "Fusaka upgrade" and macroeconomic factors as reasons for the increased accumulation. The company is also developing a staking solution called the "Made in America Validator Network (MAVAN)" for deployment in early 2026. I can provide more information on the Ethereum Fusaka upgrade or a detailed breakdown of BitMine's current financial metrics. Which would you prefer? #ETH #BMNR #TomLee #CryptoTreasury #InvestmentStrategies
BitMine Boosts Ethereum Bet with $429M Purchase, Targeting 5% of Total Supply

Tom Lee's firm BitMine Immersion Technologies (BMNR) purchased 138,452 ETH last week for approximately $429 million, increasing its total holdings to 3.86 million ETH as of December 8, 2025. The purchase came as Ethereum's price rebounded from recent lows.

BitMine Holdings and Strategy
Total Holdings: BitMine holds 3,864,951 ETH valued at approximately $3,139 per ETH. Total crypto and cash holdings amount to $13.2 billion.

Company Ranking: BitMine is the world's largest Ethereum treasury company and the #2 global crypto treasury overall, behind Strategy Inc. (MSTR), which primarily holds Bitcoin.

Accumulation Pace: The firm is accumulating ETH at an aggressive pace, aiming to eventually control 5% of the total ETH supply.
Stock Performance: BMNR stock is one of the most actively traded stocks in the US, with average daily dollar volume around $1.8 billion, ranking #37 among US-listed stocks as of December 7, 2025. The current stock price is around $35.15 per share.

Future Plans: Tom Lee mentioned the upcoming "Fusaka upgrade" and macroeconomic factors as reasons for the increased accumulation. The company is also developing a staking solution called the "Made in America Validator Network (MAVAN)" for deployment in early 2026.

I can provide more information on the Ethereum Fusaka upgrade or a detailed breakdown of BitMine's current financial metrics. Which would you prefer?

#ETH
#BMNR
#TomLee
#CryptoTreasury
#InvestmentStrategies
Corporate Whale Just Swallowed 199 Million In ETH A new corporate titan has arrived. $BMNR just executed a massive $199 million $ETH accumulation spree, buying the entire stash in only 48 hours. This aggressive move makes them the single largest known corporate holder of Ether globally. They are not stopping; the stated goal is controlling a staggering 5% of the total circulating supply. This is institutional conviction signalling a massive valuation shift for $ETH.Not financial advice. #Ethereum #ETH #CorporateAccumulation #DigitalAssets #BMNR 🚀
Corporate Whale Just Swallowed 199 Million In ETH
A new corporate titan has arrived. $BMNR just executed a massive $199 million $ETH accumulation spree, buying the entire stash in only 48 hours. This aggressive move makes them the single largest known corporate holder of Ether globally. They are not stopping; the stated goal is controlling a staggering 5% of the total circulating supply. This is institutional conviction signalling a massive valuation shift for $ETH .Not financial advice.
#Ethereum #ETH #CorporateAccumulation #DigitalAssets #BMNR 🚀
The 200 Million Dollar Whale Just Confirmed The Bottom BitMine Technologies (BMNR) just signaled maximum conviction by deploying nearly $200 million into $ETH. They accumulated a staggering 64,000 ETH in 24 hours, vacuuming up supply right as the market tested the $2,900 level. This is not short-term trading; this is the Chairman, Tom Lee, backing up the truck during peak fear. When smart money buys this aggressively into a drawdown, it means the discount window is closing fast. Pay attention to where the capital is flowing. This is not financial advice. #Ethereum #WhaleAlert #CryptoNews #BMNR #BuyTheDip 🚀 {future}(ETHUSDT)
The 200 Million Dollar Whale Just Confirmed The Bottom

BitMine Technologies (BMNR) just signaled maximum conviction by deploying nearly $200 million into $ETH. They accumulated a staggering 64,000 ETH in 24 hours, vacuuming up supply right as the market tested the $2,900 level. This is not short-term trading; this is the Chairman, Tom Lee, backing up the truck during peak fear. When smart money buys this aggressively into a drawdown, it means the discount window is closing fast. Pay attention to where the capital is flowing.

This is not financial advice.
#Ethereum #WhaleAlert #CryptoNews #BMNR #BuyTheDip
🚀
The Bitmine Whale Just Ate 41,946 ETH The silent war for $ETH supply is heating up. A wallet linked to mining giant $BMNR just executed a colossal $130.8 million raid, vacuuming up 41,946 $ETH in one shot. This isn't small money or retail FOMO—this is serious institutional conviction. When a whale this size moves, they aren't guessing. They are positioning for the next major leg up. Watch how $BTC reacts to this liquidity drain. The breakout is inevitable. This is not financial advice. Do your own research. #Ethereum #WhaleAlert #CryptoNews #BMNR #BTC 🔥 {future}(ETHUSDT)
The Bitmine Whale Just Ate 41,946 ETH

The silent war for $ETH supply is heating up. A wallet linked to mining giant $BMNR just executed a colossal $130.8 million raid, vacuuming up 41,946 $ETH in one shot. This isn't small money or retail FOMO—this is serious institutional conviction. When a whale this size moves, they aren't guessing. They are positioning for the next major leg up. Watch how $BTC reacts to this liquidity drain. The breakout is inevitable.

This is not financial advice. Do your own research.
#Ethereum
#WhaleAlert
#CryptoNews
#BMNR
#BTC
🔥
See original
🪙Ethereum "whales" take action again: BitMine spends nearly 300 million dollars in a single week, holding over 3.41 million coins $ETH When the market hesitates, BitMine chooses to steadily increase its holdings. As Ethereum's price adjusts, the company quietly completed the largest single-week purchase of the year, pushing the grand goal of "5% alchemy" one step forward. 👉Strategic increase: Optimize costs Price/net asset calculation see [image]👇 As the crypto market adjusts, BitMine Immersion Technologies has made a counter-cyclical move—through two institutional-level platforms, BitGo and FalconX, purchasing 97,649 ETH in one week, costing about 296 million dollars. The overall reserves reached approximately 3.41 million coins, valued at over 10.23 billion dollars at current prices. The holding cost was optimized from approximately 4016 dollars to around 3972 dollars. 👉Transformation path: From Bitcoin miner to Ethereum treasury BitMine $BMNR's initial main business was Bitcoin mining, transforming into a treasury company that has gained favor from top-tier capital, including renowned investment institutions such as MOZAYYX, Founders Fund, ARK Invest, and Pantera Capital. 👉"5% Alchemy": BitMine's grand vision and theoretical foundation BitMine's strategic core is referred to as "5% alchemy"—the goal is to hold 5% of the total global supply of Ethereum. Currently, the company holds approximately 3.41 million ETH, accounting for 2.8% of the total circulation of Ethereum, steadily progressing towards its established goal. Founder Tom Lee has repeatedly emphasized that the Ethereum treasury model has advantages over spot ETFs. Through the premium effect of the listed company's stock price, the company can continuously finance and increase its Ethereum holdings, forming a positive cycle that enhances both assets and stock prices. 👉Market position: Absolute leader in institutional Ethereum holdings Compared to other publicly held companies with Ethereum, BitMine's holding scale has an overwhelming advantage. The second-ranked company holds less than 1 million ETH, while BitMine's reserve scale is nearly three times that. #Bitmine #bmnr #Eth #Ethereum
🪙Ethereum "whales" take action again: BitMine spends nearly 300 million dollars in a single week, holding over 3.41 million coins $ETH

When the market hesitates, BitMine chooses to steadily increase its holdings. As Ethereum's price adjusts, the company quietly completed the largest single-week purchase of the year, pushing the grand goal of "5% alchemy" one step forward.

👉Strategic increase: Optimize costs Price/net asset calculation see [image]👇

As the crypto market adjusts, BitMine Immersion Technologies has made a counter-cyclical move—through two institutional-level platforms, BitGo and FalconX, purchasing 97,649 ETH in one week, costing about 296 million dollars.
The overall reserves reached approximately 3.41 million coins, valued at over 10.23 billion dollars at current prices. The holding cost was optimized from approximately 4016 dollars to around 3972 dollars.

👉Transformation path: From Bitcoin miner to Ethereum treasury

BitMine $BMNR's initial main business was Bitcoin mining, transforming into a treasury company that has gained favor from top-tier capital, including renowned investment institutions such as MOZAYYX, Founders Fund, ARK Invest, and Pantera Capital.

👉"5% Alchemy": BitMine's grand vision and theoretical foundation

BitMine's strategic core is referred to as "5% alchemy"—the goal is to hold 5% of the total global supply of Ethereum. Currently, the company holds approximately 3.41 million ETH, accounting for 2.8% of the total circulation of Ethereum, steadily progressing towards its established goal.

Founder Tom Lee has repeatedly emphasized that the Ethereum treasury model has advantages over spot ETFs. Through the premium effect of the listed company's stock price, the company can continuously finance and increase its Ethereum holdings, forming a positive cycle that enhances both assets and stock prices.

👉Market position: Absolute leader in institutional Ethereum holdings

Compared to other publicly held companies with Ethereum, BitMine's holding scale has an overwhelming advantage. The second-ranked company holds less than 1 million ETH, while BitMine's reserve scale is nearly three times that.

#Bitmine #bmnr #Eth #Ethereum
See original
Tom Lee added an additional $150 million of currency #الإيثريوم . Yesterday, two new wallets withdrew: $92 million from #Ethereum from Kraken, and $58 million from Bitgo. These transactions align with Bitmain's previous buying patterns. Bitmain continues to accumulate #ETH at an unprecedented pace, while many other treasury bonds have declined. The company now holds over 3% of the total Ethereum supply, aiming to reach 5%. 📈 🟢 The price of currency #BMNR rose by 6% today, following the announcement of 2025 earnings and the Fusaka upgrade. Tom Lee says Ethereum is entering a "super bullish cycle," pointing to the network upgrade and Federal Reserve policy as potential catalysts. Will it double 100 again? 👀 Source: Arkam #CryptoIn401k $ETH {future}(ETHUSDT)
Tom Lee added an additional $150 million of currency #الإيثريوم .

Yesterday, two new wallets withdrew:
$92 million from #Ethereum from Kraken, and $58 million from Bitgo.
These transactions align with Bitmain's previous buying patterns.

Bitmain continues to accumulate #ETH at an unprecedented pace, while many other treasury bonds have declined. The company now holds over 3% of the total Ethereum supply, aiming to reach 5%. 📈

🟢 The price of currency #BMNR rose by 6% today, following the announcement of 2025 earnings and the Fusaka upgrade.

Tom Lee says Ethereum is entering a "super bullish cycle," pointing to the network upgrade and Federal Reserve policy as potential catalysts. Will it double 100 again? 👀

Source: Arkam
#CryptoIn401k
$ETH
See original
#eth走势分析 Short-term Technical upgrades are imminent (this round of the market is not sensitive) On-chain data is average, supported by several major DeFi protocols #etf weak inflow Mainly looking at DAT, #BMNR the hope of the whole village
#eth走势分析 Short-term
Technical upgrades are imminent (this round of the market is not sensitive)
On-chain data is average, supported by several major DeFi protocols
#etf weak inflow
Mainly looking at DAT, #BMNR the hope of the whole village
See original
Digital treasury bonds lead the stock market recovery in December 📈 Digital treasury bonds (#DATS ), which are companies holding large amounts of #Bitcoin and #Ethereum on their balance sheets, contribute to the market recovery after a rocky start to December. Shares of #EthZilla (ETHZ) listed on Nasdaq surged by 12.35% to reach $10.80, while Bit,,Mine (#BMNR ) shares rose by 10.26% to $32.40 - an increase of 650% since launching its Ethereum strategy in June. Thumzup Media (TZUP), the top performer, saw its shares rise by 13.25%. Digital treasury bonds demonstrate resilience, helping the market recover and chart its course for this month. This could represent the beginning of a new wave of treasury bonds, making cryptocurrencies scarcer and more valuable in the coming years as more exchange-traded funds are expected to be approved this year. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) $BNB {future}(BNBUSDT)
Digital treasury bonds lead the stock market recovery in December 📈

Digital treasury bonds (#DATS ), which are companies holding large amounts of #Bitcoin and #Ethereum on their balance sheets, contribute to the market recovery after a rocky start to December.

Shares of #EthZilla (ETHZ) listed on Nasdaq surged by 12.35% to reach $10.80, while Bit,,Mine (#BMNR ) shares rose by 10.26% to $32.40 - an increase of 650% since launching its Ethereum strategy in June.

Thumzup Media (TZUP), the top performer, saw its shares rise by 13.25%.

Digital treasury bonds demonstrate resilience, helping the market recover and chart its course for this month.

This could represent the beginning of a new wave of treasury bonds, making cryptocurrencies scarcer and more valuable in the coming years as more exchange-traded funds are expected to be approved this year.
$BTC
$ETH
$BNB
Square-Creator-500b37b1aaed43d09102:
ol
TOP TREASURY COMPANIES BLOODBATH #MSTR : -64% from ATH ($457→$156) ( BITCOIN HOLDER) #BMNR : -82% from peak ($161→$25) (ETHEREUM TOP HOLDER) Is this capitulation or just the beginning?
TOP TREASURY COMPANIES BLOODBATH

#MSTR : -64% from ATH ($457→$156) ( BITCOIN HOLDER)
#BMNR : -82% from peak ($161→$25) (ETHEREUM TOP HOLDER)

Is this capitulation or just the beginning?
🚨 Breaking Crypto News Update! 🚨Short-seller Kerrisdale Capital has officially announced a short position in BitMine Immersion (BMNR) — the ETH-focused company led by Tom Lee. According to Kerrisdale, BitMine’s business model of “issuing shares to buy ETH” copies an outdated strategy similar to MicroStrategy’s old playbook. They claim this “reflexive loop” is no longer sustainable in today’s market. The report also questioned the transparency and leadership strength of Tom Lee, saying he lacks the influence to keep investors confident. This move has shaken confidence in BMNR, and traders are watching closely to see how the market reacts next. 👀 📉 Summary: Company: BitMine Immersion (BMNR) Targeted by: Kerrisdale Capital Accusation: Outdated, unsustainable business model Leader under fire: Tom Lee Market sentiment: Bearish pressure increasing #BitMine #TomLee #BMNR #KerrisdaleCapita #CryptoNews

🚨 Breaking Crypto News Update! 🚨

Short-seller Kerrisdale Capital has officially announced a short position in BitMine Immersion (BMNR) — the ETH-focused company led by Tom Lee.
According to Kerrisdale, BitMine’s business model of “issuing shares to buy ETH” copies an outdated strategy similar to MicroStrategy’s old playbook. They claim this “reflexive loop” is no longer sustainable in today’s market.
The report also questioned the transparency and leadership strength of Tom Lee, saying he lacks the influence to keep investors confident.
This move has shaken confidence in BMNR, and traders are watching closely to see how the market reacts next. 👀
📉 Summary:
Company: BitMine Immersion (BMNR)
Targeted by: Kerrisdale Capital
Accusation: Outdated, unsustainable business model
Leader under fire: Tom Lee
Market sentiment: Bearish pressure increasing
#BitMine #TomLee #BMNR #KerrisdaleCapita #CryptoNews
--
Bullish
See original
2025.7.29 On-chain Vision Ethereum Edition: #Sharplink Down 70%, BMNR Plummets Again, Is It an Opportunity or a Pitfall? Recently, the price pullback of #以太坊 has affected two important treasury projects in its ecosystem: Sharplink and #BMNR The current price has dropped back to around 20 USD, #BMNR 11%, and further declined by 15% in after-hours trading. The reason for the decline of BMNR is similar to the previous situation with Sharplink: both submitted prospectuses and plan to conduct PIPE (private investment in public equity) operations. Historical experience tells us that each time PIPE is done, stock prices almost always face significant pressure. For example, after Sharplink disclosed its PIPE, the stock price plummeted by 60-70%, almost heading towards zero. However, this time the decline of BMNR is relatively “mild”, currently down only 15%, making the situation appear manageable. Whenever $PIPE is involved, it can easily trigger fluctuations in market sentiment, so it is advisable to observe BMNR's trend after the US stock market opens tomorrow for a more prudent approach. From the valuation indicators, Sharplink's NAV (Market Value Relative to Net Assets) has also dropped to a lower position. BMNR's MNAV has fallen to about 1.8%, and with the after-hours decline, it may drop to 1.6%; Sharplink's MNAV is also around 1.7%. #MNAV below 2 usually indicates that these assets' stock prices may have some rebound potential. Of course, this is just a reference indicator and cannot be the sole basis for decision-making; it still needs to be evaluated in conjunction with market sentiment, technical aspects, and fundamentals. Returning to the overall market, yesterday's Ethereum surge and subsequent pullback indeed impacted the entire market's confidence. Especially in the morning, when ETH drove a wave of increases, almost all altcoins surged significantly. The #DeFi sector exploded overall, with UNI briefly breaking 11 USD, and #ENA also surging past 0.7 USD, reaching a new high for the year. But the good times didn't last long; with #ETH's pullback, these strong coins also experienced significant declines from their highs. This once again confirms an old logic in the crypto space: “Everything originates from Ethereum.” As long as #ETH performs weakly, the entire ecosystem will be affected. Currently, market volatility is expected to continue, especially considering the dual impact of #Sharplink policy, caution is still needed in the short term.
2025.7.29 On-chain Vision
Ethereum Edition: #Sharplink Down 70%, BMNR Plummets Again, Is It an Opportunity or a Pitfall?
Recently, the price pullback of #以太坊 has affected two important treasury projects in its ecosystem: Sharplink and #BMNR

The current price has dropped back to around 20 USD, #BMNR 11%, and further declined by 15% in after-hours trading.

The reason for the decline of BMNR is similar to the previous situation with Sharplink: both submitted prospectuses and plan to conduct PIPE (private investment in public equity) operations. Historical experience tells us that each time PIPE is done, stock prices almost always face significant pressure.

For example, after Sharplink disclosed its PIPE, the stock price plummeted by 60-70%, almost heading towards zero. However, this time the decline of BMNR is relatively “mild”, currently down only 15%, making the situation appear manageable.

Whenever $PIPE is involved, it can easily trigger fluctuations in market sentiment, so it is advisable to observe BMNR's trend after the US stock market opens tomorrow for a more prudent approach.

From the valuation indicators, Sharplink's NAV (Market Value Relative to Net Assets) has also dropped to a lower position. BMNR's MNAV has fallen to about 1.8%, and with the after-hours decline, it may drop to 1.6%; Sharplink's MNAV is also around 1.7%.

#MNAV below 2 usually indicates that these assets' stock prices may have some rebound potential. Of course, this is just a reference indicator and cannot be the sole basis for decision-making; it still needs to be evaluated in conjunction with market sentiment, technical aspects, and fundamentals.

Returning to the overall market, yesterday's Ethereum surge and subsequent pullback indeed impacted the entire market's confidence. Especially in the morning, when ETH drove a wave of increases, almost all altcoins surged significantly. The #DeFi sector exploded overall, with UNI briefly breaking 11 USD, and #ENA also surging past 0.7 USD, reaching a new high for the year.

But the good times didn't last long; with #ETH's pullback, these strong coins also experienced significant declines from their highs. This once again confirms an old logic in the crypto space: “Everything originates from Ethereum.” As long as #ETH performs weakly, the entire ecosystem will be affected.

Currently, market volatility is expected to continue, especially considering the dual impact of #Sharplink policy, caution is still needed in the short term.
See original
Officially exceeded 3 million! ETH Micro Strategy BMNR, during last week's market pullback, continued to buy heavily $ETH , accumulating 202,000 pieces just last week, compared to the previous week's 179,200 pieces, a month-on-month growth of 12.71%. Currently, BMNR has officially accumulated 2.5% of the total ETH circulation in the network, with only half the distance remaining to the goal of 5% accumulation. Interestingly, last week's increase, according to previous on-chain disclosures, mostly occurred during the market crash moments on weekends. Tom Lee's company took practical action to bottom out. #BMNR
Officially exceeded 3 million! ETH Micro Strategy BMNR, during last week's market pullback, continued to buy heavily $ETH , accumulating 202,000 pieces just last week, compared to the previous week's 179,200 pieces, a month-on-month growth of 12.71%.
Currently, BMNR has officially accumulated 2.5% of the total ETH circulation in the network, with only half the distance remaining to the goal of 5% accumulation.
Interestingly, last week's increase, according to previous on-chain disclosures, mostly occurred during the market crash moments on weekends.
Tom Lee's company took practical action to bottom out. #BMNR
Cathie Wood's Ark Invest is doubling down on its crypto related investments. 🚀 The firm, a major player in disruptive innovation, just added another 388,045 shares of BitMine (#BMNR ) to its portfolio. This latest acquisition brings Ark Invest's total holdings in the company to a massive $267 million, spread across its flagship ARKK, ARKF, and ARKW ETFs. This strategic move highlights Cathie Wood's continued conviction in companies at the forefront of the digital asset revolution. BitMine, which is focused on building an Ethereum treasury, has seen its stock price soar this year, making it a key holding for Ark. This accumulation of shares is a strong signal that institutional interest in #blockchain and ether firms is growing. $BTC $XRP $ETH
Cathie Wood's Ark Invest is doubling down on its crypto related investments. 🚀 The firm, a major player in disruptive innovation, just added another 388,045 shares of BitMine (#BMNR ) to its portfolio.

This latest acquisition brings Ark Invest's total holdings in the company to a massive $267 million, spread across its flagship ARKK, ARKF, and ARKW ETFs. This strategic move highlights Cathie Wood's continued conviction in companies at the forefront of the digital asset revolution.

BitMine, which is focused on building an Ethereum treasury, has seen its stock price soar this year, making it a key holding for Ark. This accumulation of shares is a strong signal that institutional interest in #blockchain and ether firms is growing. $BTC $XRP $ETH
See original
New Flywheel. Ethereum institution NO.1, BitMine, has released the latest prospectus supplement and plans to raise 24.5 billion USD. As soon as the news broke, $ETH reached a new high of $4400. #BitMine #ETH #BMNR
New Flywheel.

Ethereum institution NO.1, BitMine, has released the latest prospectus supplement and plans to raise 24.5 billion USD. As soon as the news broke, $ETH reached a new high of $4400.

#BitMine #ETH #BMNR
🚀 #Ethereum treasury shake up big players are stacking eth heavy 📊 in the last 30 days institutions have reshaped their eth strategy 👀 🥇 bitmine immersion tech bmnr now holding 1.87m eth worth 8b up 124 🥈 sharplink gaming sbet holding 837k eth worth 3.59b up 60 🥉 the ether machine ethm holding 495k eth worth 2.12b up 43 ethereum foundation holding 229.6k eth worth 984m down 1.3 ethzilla ethz holding 102.2k eth worth 438m up 24 fg nexus fgnx holding 48.4k eth worth 207m massive 656 surge 🚀🔥 institutions are clearly positioning for the next eth move do you think this signals a bullish trend ahead 🤔💎 #eth #bmnr #sbet #fgnx
🚀 #Ethereum treasury shake up big players are stacking eth heavy 📊

in the last 30 days institutions have reshaped their eth strategy 👀

🥇 bitmine immersion tech bmnr now holding 1.87m eth worth 8b up 124
🥈 sharplink gaming sbet holding 837k eth worth 3.59b up 60
🥉 the ether machine ethm holding 495k eth worth 2.12b up 43
ethereum foundation holding 229.6k eth worth 984m down 1.3
ethzilla ethz holding 102.2k eth worth 438m up 24
fg nexus fgnx holding 48.4k eth worth 207m massive 656 surge 🚀🔥

institutions are clearly positioning for the next eth move do you think this signals a bullish trend ahead 🤔💎

#eth #bmnr #sbet #fgnx
See original
Crypto tycoon Du Jun speaks out: Shorting premium treasury companies like BMNR is feasible, but shorting ETH is a 'foolish move' On October 9, Vernal founder Du Jun expressed a clear opinion on social media: investors may consider shorting premium treasury companies like BMNR, but choosing to short ETH is an unwise decision. This statement quickly sparked heated discussions in the crypto community, with many investors beginning to reassess the market value and short-term trends of ETH, while also keeping an eye on the investment risks associated with premium treasury companies like BMNR. $ETH #BMNR
Crypto tycoon Du Jun speaks out: Shorting premium treasury companies like BMNR is feasible, but shorting ETH is a 'foolish move'

On October 9, Vernal founder Du Jun expressed a clear opinion on social media: investors may consider shorting premium treasury companies like BMNR, but choosing to short ETH is an unwise decision.

This statement quickly sparked heated discussions in the crypto community, with many investors beginning to reassess the market value and short-term trends of ETH, while also keeping an eye on the investment risks associated with premium treasury companies like BMNR. $ETH #BMNR
See original
mNAV broke below 1: What is happening with these 'coin stocks'? mNAV breaking below 1 indicates that the market is no longer willing to pay a premium for the narrative of these 'coin stocks', and has even started to discount them. In other words: a lot of funds would rather buy BTC / ETH or ETFs directly, and do not want to pay extra to buy 'shell version' coin stocks, and even believe that these companies themselves may 'drag behind'. #MSTR #BMNR #币股
mNAV broke below 1: What is happening with these 'coin stocks'?

mNAV breaking below 1 indicates that the market is no longer willing to pay a premium for the narrative of these 'coin stocks', and has even started to discount them.
In other words: a lot of funds would rather buy BTC / ETH or ETFs directly, and do not want to pay extra to buy 'shell version' coin stocks, and even believe that these companies themselves may 'drag behind'. #MSTR #BMNR #币股
--
Bullish
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number