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TOM LEE: WHAT WOULD MAKE HIM A BEAR ON ETHEREUM Asked what would break his thesis, he laid out how BitMine is built to ride out crypto winter into spring: - A conservative capital structure with a cash position of about $600 million - 80% of its Ethereum is...

45,293 просмотров • 3 месяцев назад •via X (Twitter)

Комментарии: 12

Фото профиля KenCorso
KenCorso3 месяцев назад

Bmnr and eth better turnaround next year or two. Otherwise Toms career over.

Фото профиля JCACTrades
JCACTrades3 месяцев назад

man built a fortress balance sheet and still gets asked what would scare him

Фото профиля Mike Delo Trades
Mike Delo Trades3 месяцев назад

So he just didn’t answer the question 😂

Фото профиля cryptoManiac
cryptoManiac3 месяцев назад

If you flip the ETH chart upside down, he will become a bear

Фото профиля Edward Lee
Edward Lee3 месяцев назад

wtf is happening with mr. beast investment?

Фото профиля R M1LL3R
R M1LL3R3 месяцев назад

It's not yielding dollars - it's yielding more Eth.

Фото профиля 주말애
주말애3 месяцев назад

👍

Фото профиля Zophim Capital Research
Zophim Capital Research3 месяцев назад

@SweatyKodi

Фото профиля TeslaLife
TeslaLife3 месяцев назад

@Scaramucci Maybe BMNR should pay out dividend

Фото профиля Vix101
Vix1013 месяцев назад

He did not answer the question

Фото профиля Mason Parker
Mason Parker3 месяцев назад

Honestly that 80% staked position plus $600M cash buffer is *so* solid. Hard to see a bear case for ETH here tbh 🤷♂️ Tom Lee’s thesis feels rock solid right now.

Фото профиля Eric Kelley
Eric Kelley3 месяцев назад

Why does it look like he’s in my grandma’s attic/upstairs?

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Tom Lee: Ethereum DATs can use ~$500 million in annual staking rewards to fund grants for Ethereum ecosystem “The Ethereum Treasuries — Bitmine and Sharplink among others — now own 7% of the Ethereum supply… Treasury stock is essentially supply permanently taken out from the ecosystem, but we also own the yield. The yield is around 3% so today these public treasuries are generating ~$500 million in rewards, and that is what we can use to fund and grant the crypto ecosystem.” Lee believes that the Ethereum Foundation narrowing its focus to CROPs (censorship resistance, openness, privacy and security) is the right decision. “Ethereum is a $240 billion network value entity. It has been operating for 11 years without a single day of downtime. There’s 11,500 nodes in 89 different countries. And there’s 15,000 developers. I think this is too big to be coordinated by a single foundation.” As Ethereum continues to scale, he believes the ecosystem will move beyond a foundation-centric model and points to private companies like Etherealize, Optimism, Consensys, Enterprise Ethereum Alliance, and Offchain Labs that represent the Ethereum ecosystem and are already doing enterprise engagement. “This list doesn’t yet reflect the spinoffs coming from the Ethereum Foundation. There’s at least five, and I think Bitmine will play a role in granting and supporting any of those that come out.” “I think Ethereum is in good hands because the foundation is going to be stronger by staying focused. We have a lot of private sector companies already building products and important L2s on Ethereum. And of course, the treasuries are here to help with funding and granting… If you’re bearish, you are selling at the bottom.”

Etherealize

126,158 просмотров • 4 месяцев назад