$BMNR chart is absolutely unhinged 😂
TradingView showing a split-adjusted 1998 ATH of ~$77.5M while it's trading at ~$28 today. Wild.
But here's the real alpha:
BitMine is sitting on 5,983,940 $ETH (~4.9% of total supply)
5,067,309 $ETH already staked
That's institutional-level accumulation. If $ETH runs, $BMNR becomes a leveraged play on the entire Ethereum thesis.
Can it reclaim $1,000? That's a 35x from here. Not impossible if $ETH hits new ATHs and staking yields compound. But you're betting on both $ETH macro + $BMNR execution.
Position accordingly.
TradingView showing a split-adjusted 1998 ATH of ~$77.5M while it's trading at ~$28 today. Wild.
But here's the real alpha:
BitMine is sitting on 5,983,940 $ETH (~4.9% of total supply)
5,067,309 $ETH already staked
That's institutional-level accumulation. If $ETH runs, $BMNR becomes a leveraged play on the entire Ethereum thesis.
Can it reclaim $1,000? That's a 35x from here. Not impossible if $ETH hits new ATHs and staking yields compound. But you're betting on both $ETH macro + $BMNR execution.
Position accordingly.
