I believe in it because even with a negative mNAV, there's no pressure, and it's not debt.
—————— On December 14, Ethereum treasury company BitMine Chairman Tom Lee stated that Bitmine is close to holding 4% of the total Ethereum supply. He believes the company will never sell these ETH. Tom Lee said that if these ETH are staked now, it would generate a net income of over $1 million daily.
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I believe in it because even with a negative mNAV, there's no pressure, and it's not debt.
——————
On December 14, Ethereum treasury company BitMine Chairman Tom Lee stated that Bitmine is close to holding 4% of the total Ethereum supply. He believes the company will never sell these ETH.
Tom Lee said that if these ETH are staked now, it would generate a net income of over $1 million daily.