MoMo

[MoMo @YoHoYeLo]

@71boy71 @milman2025 He also thinks that ETH will be 26k next year, just crazy. So take this target with a very big grain of salt.

[MoMo @YoHoYeLo]

@piepap78 @Charles_BTCS They have way too much debt. He has been selling a lot of ETH this year just to pay that partly off.

Management also earns a lot, compared to the market cap of the stock. They don't have the money to do a buyback.

[MoMo @YoHoYeLo]

@Charles_BTCS @l_zwly70871 Sorry, but that is an excuse. You used to boast with the ETH holdings last year when you were acquiring it.

You are not mentioning it anymore, as it would be clear that you sold a lot of ETH early June (at the bottom) to repay part of the Aave loan. Selling at the bottom.

[MoMo @YoHoYeLo]

@HedgehogTrader What are you seeing? Eventually it ended 2% lower on the daily, while it's underlying (ETH) went up.

[MoMo @YoHoYeLo]

@71boy71 Also, if you look at their quarterly reports, they pay a lot of money and stock grants to their CEO/CFO compared to their market cap. They are earning cash, while the stock gets diluted.

[MoMo @YoHoYeLo]

@71boy71 BMNR and SBET are also way under mnav of 1, so I guess more appetite for those. Also, BTCS still has significant debt, they are not as undervalued as you may think.

And less than 500k USD in daily volume, basically outside of some small buyers, no one really cares about it.