🚨🚨🚨 BREAKING 🚨🚨🚨

#Ethereum enters its "MicroStrategy Era"

Two publicly traded companies stand out for buying and staking $ETH

-Tom Lee (BitMine) and Joe Lubin (SharpLink)

-Two models, one same goal: ETH per share as a new key metric

How much ETH have they been accumulating and how did their stock react to this news?

🔹SharpLink currently holds 198,478 ETH and plans to buy over $1B soon

Its stock skyrocketed an enormous 4,300% when it announced it would accumulate ETH

🔹BitMine (BMNR) raised $250M to buy and stake ETH, claiming it wants to become the "MicroStrategy of ETH"

Its stock skyrocketed an enormous 1,500% when it announced it would accumulate ETH

What does “Ethereum per share” (ETH/share) mean?

▪️It is a new financial metric that some public companies are starting to use that buy and accumulate Ethereum.

▪️Basically measures how many ETH each share of the company “represents.”

▪️Let’s suppose a public company buys 10,000 ETH and has 1,000,000 shares outstanding.

▪️ETH per share = 10,000 / 1,000,000 = 0.01 ETH per share

📍It seems a new era is coming for #Ethereum, with companies following Saylor's footsteps.