@EthereanVibin@fundstrat Share buyback is just cosmetics. What if market doesnt appreciate it and it still trades at 0.80 mNAV after? You blew your cash for nothing. We need the cash position to endure the bear market and dont overdo it like Saylor.
@mConcepts_ This is the Russell 3000, BMNR said they might get addes to the 1000, why is not published yet. The 1000 has much bigger AUM as the 3000, but nice nonetheless.
@seacreaturesamn@CloutedMind The private money cant force him to buy more ETH, its his company. He is raising the money through ATM offerings, he can just stop doing that.
@AGN96t@maxxTFSA The preferred shares have a market cap of "only" 270$million. $BMNR market cap is 10$billion with staking 3%. bmnr will cover the dividend for bmnp 10 times.
@PaulBlakeslee3@arkham Lol, he didnt scam people. This is an ETH Treasury, you buy this stock, if you want exposure to ETH. This was clear from beginning, he is just doing what he said since the start.