We are transitioning a team from a Private Bank to @NewEdgeWealth and are being told it can take seven weeks to process a client-requested asset transfer. The private banking model needs a serious rethink. Especially the one that begins with a B and has an “of” in the middle. Seven weeks to move a client’s own money. Whose money is it anyway? #clientsfirst
TRUTH by @RobSechan -
"... they'll get financing... and growth rates so high they can handle that".
Don't believe broadening out continues to work bc tech only at a 9% premium -Dot-Com was 100%!- market relating of healthiest companies- pillar of fundamentals intact- a "theme of a generation".
Idk how he feels about $NBIS , but I hold some Mags/Semis as well
What a day. Grateful for my @HalftimeReport fam. From the producers to the Committee, you make this show tick. Grateful that you watch and give us your trust. As excited today as I was then. Let’s pick it up tomorrow. Love you all.
After more than a decade building @QuietCapital, I've decided to step into my next chapter as an entrepreneur and investor.
Grateful for the partners, teammates, and LPs I’ve had the privilege to work alongside, and proud of what we built together, especially the Access strategy and the broader platform around it. 🙏
For now, I want to say thank you to everyone who’s been part of the journey.
Excited for what’s ahead. I’ll share more soon. 🚀
I am thrilled to extend a heartfelt congratulations to CNBC on its 35th anniversary. On this day, April 17th, 1989, CNBC first debuted, setting the stage for decades of insightful financial journalism and market analysis.
Having had the privilege of contributing to CNBC for over 13 years, I've witnessed firsthand the network's unwavering commitment to providing top-tier financial news and education. It’s an honor to be a part of that legacy, sharing insights that empower investors and viewers alike.
Thank you, CNBC, for 35 years of exceptional broadcasting. Here's to many more years of success! @CNBC@HalftimeReport@TheJudgeCNBC@NewEdgeWealth
#NewEdgeWealth #CNBC
THE REAL $BMNR THESIS IS MUCH BIGGER THAN OWNING 5% OF ETHEREUM
BitMine already owns 5.80M $ETH, or 4.8% of the entire supply.
But the real opportunity is what that position could become if Ethereum continues developing into the financial infrastructure Wall Street is increasingly building on.
🔹 BlackRock is tokenizing assets on Ethereum
🔹 JPMorgan has launched tokenized funds on Ethereum
🔹 Ethereum leads in stablecoins and tokenized assets
🔹 4.92M BitMine ETH is already earning staking rewards
🔹 MAVAN is live and built to provide staking infrastructure for institutions and custodians
At BitMine’s 5% target, it would own roughly 6M ETH.
At BitMine’s current 2.67% staking yield, that could generate approximately 160,000 ETH every year before expenses.
At $5,000 ETH: $801M/year
At $10,000 ETH: $1.60B/year
And the underlying 6M ETH would be worth approximately $30B or $60B, respectively.
These aren’t price predictions. They illustrate the operating leverage built into the model.
If ETH appreciates, the treasury becomes more valuable and the dollar value of staking rewards increases with it.
If MAVAN attracts external institutional assets, another potential revenue stream sits on top.
And if BitMine continues growing ETH per share, shareholders gain increasing exposure to that ecosystem.
Wall Street’s move onchain is already underway.
If Tom Lee @fundstrat thesis is right and Ethereum becomes a major settlement layer for Wall Street, tokenized assets and AI agents, BitMine could ultimately be much more than a leveraged proxy for the price of $ETH.
It could become one of the largest institutional gateways into the Ethereum economy.