After the recent update we can see $BMNR raised a lot of capital over the past week. With cash jumping from $860 million to $1.2 billion and an increase in $ETH purchased from previous weeks (60,976 $ETH). We can estimate that $BMNR issued nearly 23 million shares the past week to raise this $453 million in cash (121 million spent on $ETH, $332 million to cash pile). I currently have the mNAV at 0.94 but I am not able to tell how many shares have been issued for stock based compensation. Until their next 10-k, I can not know exactly the amount of shares outstanding. Important to remember that these are estimates