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Thomas (Tom) Lee (not drummer) FSInsight.com
Thomas (Tom) Lee (not drummer) FSInsight.com kirjasi uudelleen
There’s a strong argument that @BitMNR is trading at a 1x NAV multiple TODAY.
@fundstrat just said $BMNR is doing $100m of net income (from staking etc). Put a 25x PE multiple on that and its $2.5b of value plus the $2b of ETH they hold equals the $4.5b market cap before any additional buys.
116,48K
Thomas (Tom) Lee (not drummer) FSInsight.com kirjasi uudelleen
Bitmine's market cap surged from $26 million to $4.5 billion after recent leadership changes, generating nearly $100 million annually. #Bitmine #BMNR #StockMarket #Cryptocurrency #Ethereum #MarketCap #Investing #FinanceNews #Blockchain #CryptoInvesting
151,18K
and adjust for inflation too... @RyanSAdams

RYAN SΞAN ADAMS - rsa.eth 🦄24.7. klo 22.18
it's actually hilarious ETH is still under its 2021 ATH
115,31K
Thomas (Tom) Lee (not drummer) FSInsight.com kirjasi uudelleen
Tom Lee said he wants to buy 5% of all ETH.
After one month he's 10% of the way there.
5% of all ETH would be about 6M ETH currently valued at $22B.
Michael Saylor owns 2.9% of Bitcoin supply.
So Tom Lee plans to buy almost 2x Saylor worth of ETH as a % of network supply.
142,07K
Thomas (Tom) Lee (not drummer) FSInsight.com kirjasi uudelleen
Tom Lee (@fundstrat) breaks down why BitMine chose ethereum as its treasury asset.
"Treasury Secretary Bessent thinks it [stablecoins] could be a $2T market. From $200B today, that's 10 times growth. That's exponential. That would create exponential demand for Ethereum.”
38,62K
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