zavx8

[zavx8 @zavx88]

@benjamincowen Well, this year is going to be the opposite!
How about this?
Can you for once, look at the current macro environment and not ALWAYS look at history and how it went 10 years ago?

[zavx8 @zavx88]

@benjamincowen Don't miss the boat!

[zavx8 @zavx88]

@Axel_bitblaze69 Excellent and simply explained analysis on $BMNR.
WORTH READING.

$ETH @BitMNR 🚀 @fundstrat

[Axel Bitblaze 🪓 @Axel_bitblaze69]

$ETH is $2,100 and bitmine is down $7.5B unrealized..

seeing many of you roasting tom lee on my timeline

so i actually sat down and looked at what bitmine is doing

is Bitmine and Tom lee in trouble ?

first of all Bitmine isn't a hedge fund making eth trades..

they're building an ethereum treasury company.. the entire model is: accumulate and hold eth. that's it.

their current holdings: 4.2M ETH
average cost: ~$3,600-3,900
current price: $2,100
unrealized loss: ~$7.5B

and everyone thinks this is a disaster but here's what you all miss:

there's no margin call. no liquidation price. no aave loop.

they're not leveraged gamblers like trend research (who just blew up $747M)

bitmine buys eth with:

> equity raises
> operational cash flow
> staking rewards

no debt. no forced selling. no death spiral.

worst case? stock tracks eth price. which it does..

their goal is not to trade eth. it's to OWN 5% of total ethereum supply.

when you're trying to accumulate 5% of an asset, you don't care about short-term price

you care about how much you can accumulate before the next cycle

and so here's the thing everyone misses:

lower prices = better accumulation

and so while trend research capitulated and sold 651k eth at $2,100... bitmine BOUGHT 20k more eth at $2,100

same price. opposite actions.

one was over-leveraged and forced out. one is building a decade-long position.

tom lee literally said "the paper losses are by design"

because when you're building a treasury, drawdowns are features not bugs

think about microstrategy and saylor:

- btc at $100k: genius
- btc at $76k: everyone saying he's finished
- btc at $16k (2022): everyone said it was over

structurally nothing changed. he kept accumulating.

bitmine is the same model, just with eth instead of btc

no forced selling = can wait out any drawdown

staking income = ~3-4% yield helps offset

stock tracks eth 1:1 = if eth recovers, stock recovers

simple. boring. long-term.

the people roasting tom lee right now are the same ones who roasted saylor at btc $16k

"how can you keep buying? you're already down billions!"

turns out, that's exactly when you SHOULD be buying if your thesis is long-term

so is bitmine in trouble?

no

• no debt
• no liquidations
• cash flow positive from staking
• still accumulating

[zavx8 @zavx88]

@benjamincowen Be more positive, and you might just increase your viewers and subscribers.
It should help the crypto community as well.
Give it a try.

[zavx8 @zavx88]

@benjamincowen Nothing new with China!
Why always negative, Ben?
Bring some positive vibes to the crypto community, it will help a lot!
What do you say?

$BTC $ETH 🚀

[zavx8 @zavx88]

@MAGAVoice WHAT ABOUT CRYPTO?
ANY CHANCE TO RECOVER THIS YEAR?

[zavx8 @zavx88]

@PressSec WHAT ABOUT CRYPTO?
IT'S OBLITERATED, NO?
ANY CHANCE FOR RECOVERY AND THEN SOME THIS YEAR?

[zavx8 @zavx88]

@fundstrat Thanks Tom! We need these deep dives from you.

$ETH @BitMNR 🚀

[zavx8 @zavx88]

@coinbureau We were just 5% away today, so it's most likely going to happen just before it takes off again.

[zavx8 @zavx88]

@benjamincowen @CryptoVikings07 Well said!

[zavx8 @zavx88]

@Micro2Macr0 Yes, absolutely!

[zavx8 @zavx88]

@benjamincowen Ben,

Did you sell already? Is this why so negative?

[zavx8 @zavx88]

@fundstrat Well said!

$ETH @BitMNR 🚀💸👍

[zavx8 @zavx88]

@AltcoinDaily I would stay away for now.
Stick with BTC and ETH only!

[zavx8 @zavx88]

@benjamincowen Come on man! Really?
Are you just looking for clicks?

[zavx8 @zavx88]

@AndreasSteno @benjamincowen Well said! 👍

[zavx8 @zavx88]

@TheRealPlanC Well said!

[zavx8 @zavx88]

@MylesGinvest @benjamincowen Excellent explanation! 👍

[zavx8 @zavx88]

@Han_Akamatsu With all respect, you can look at charts all day, but some things are purely correlated with macro environment.
Which it seems is going in the positive direction for crypto, no matter how you look at it.