From a long-term perspective, one of the reasons I am so bullish on ETH is because the fundamentals have held up far better than the price. Network activity remains strong, stablecoin usage continues to grow, and Ethereum remains the dominant settlement layer for much of the crypto ecosystem. Yet despite those strengths, the asset continues to trade well below where many would expect.
To me, that disconnect is bullish rather than bearish. Markets do not ignore improving fundamentals forever. Eventually, either the fundamentals weaken to justify the price, or the price catches up to the fundamentals. For now, I continue to believe the latter is the more likely outcome over the next year.
That's the spot ETH demand I was talking about in the low 1600s
At this rate ETH short sellers are actually completely mega hyper fucked.
They are going to get squeezed and liquidated like crazy.
Wouldn't surprise me if we saw a mega ultra fast wick to $2K today or tomorrow.
SEC Fact Sheet
ETH is a digital commodity and it's value comes from supply and demand dynamics NOT revenue.
Time to close your ethereum:native shorts.
https://t.co/cFlB9XfKu4
The bmnr story is different than the mstr one
They’re buying the most eth they have this year
And they haven’t issued a strc like product (although they filed for it)
There’s billions in strc, if they can capture the same and buy eth it would be huge
Also unlike mstr, their staked eth earns yield which can be used to pay the dividend without “selling” (optically ofc)
The best bitcoin is ethereum
1/
BitMine provided its latest holdings update for June 8, 2026
$9.6 billion in total crypto + "moonshots":
- 5,543,872 ETH at $1,630 per ETH per ETH (per
@coinbase)
- 203 Bitcoin (BTC)
- $200 million stake in Beast Industries @MrBeast
- $88 million stake in Eightco Holdings (NASDAQ: $ORBS) (“moonshots”) and
- total cash of $247 million.
Ticker: $BMNR
Chairman: Tom Lee @fundstrat
Link ⛓️
https://t.co/cjesUbNnQk
As much as I like to make fun of Saylor and the people who bought MSTR or STRC I think they’re gonna be fine
AI is now in a “bubble” and that’s why all the labs are rushing to the public markets, the music is about to stop
When that happens Bitcoin will absorb a lot of that capital flowing out of the AI companies
We’re 6-8 months away from a new ATH
People still think (or feel) because Bitcoin is down crypto is down.
Derivatives/perps, stablecoins, prediction markets, etc are all up in crypto.
Crypto touches every area of finance, and is much broader than Bitcoin now. It will take some time for this to sink in.
(And yes - Bitcoin is going to do great and is as important as ever - one of many cycles we've all been through.)
JUST IN: 🇺🇸 Former President Joe Biden's son, Hunter Biden, says "fiat is a sham, the banking class is corrupt."
"Decentralized digital currency and the blockchain are the inevitable future."
Here is what this means for @fundstrat and $BMNR @BitMNR in simple words:
1. $BMNR sells shares for $100 a piece 3M shares (6X current market value) and raises $300M
2. @fundstrat promises to pay 9.5% dividend annually. So roughly $30M
3. Bitmine‘s annual staking rewards are roughly $300M.
Here is why it’s really smart and different than $BTC $MSTR $STRC
We spend only 10% cash of the annual stacking reward to buy $300M worth of $ETH now probably closer to the lows.
We don’t need to sell $ETH to cover the dividend because staking covers it 10X, we could potentially raise $3B and be staking rewards neutral forever and never be in the pressure to sell $ETH like @saylor did recently with Bitcoin.
As @fundstrat always said: no debt.
I think of a dividend 10% of the profits paid to investors (same like a normal dividend stock) but instead of just paying that to investors you get 10X more back in cash one time to built your business.
Smart move. Well a few more things…
This all will trade under the ticker symbol $BMNP at $100 with a FIXED dividend of $9.50.
Now the $100 isn’t fixed so it can go lower, but let’s say it drops to $50 ($BMNR no problem as they already collected the $300M) the buyer still gets an annual dividend of $9.50 on $50 which would be 19% dividend per year paid weekly to the investor. So the price will regulate itself.
This is a really smart way for $BMNR to raise more funds. I am curious if it will be fast sold out and we could raise even more money this way.
This all looks stupid now, I know, I was investing in $TSLA at $23 and it dropped to $11.
But this will look completely different when $ETH is back at $5,000 and then much higher.
🚨 BitMine Immersion Technologies dépose une offre d’actions préférentielles offrant un rendement de 9,5 %.
Une version Ethereum de l’action STRC de Strategy ?