저자: BMNRInvestor · 외국인
요약 보기
BMNR 주식 희석(발행주식 173M→279M, 약 60% 증가)으로 주가 하락했으나, Tom Lee 체제에서 이더리움 보유량을 공격적으로 늘려 경쟁 우위를 확보했고 경영진이 주주를 신경 쓴다고 주장. 연초 대비 600% 상승, 이더리움 4K 이하 조정은 시장 전반 매도로 봄. 목표가 $420(BMNR 약 $140 돌파 전제), 내부자 매도 없으면 신뢰 유지. 본인은 옵션·주식 보유 중.
다듬은 글
Does Tom Lee really care about BMR investors? In particular, retail investors. We're going to talk about that. So, I posted my most recent video, guys. A lot of you guys enjoyed it. The truth behind BMR's share offering crash. And a lot of you guys say that the price tanked because Ethereum went down.
But I do believe a lot of the uh price crash is due to the dilution, guys. And the reason why is simply because the share count absolutely skyrocketed. Okay, so last time I had checked previously before um Tom Lee issued those shares at $70 and then the warrants. Okay, uh with the strike price at $85.
Okay, the um the amount of shares outstanding has absolutely skyrocketed. Okay, so currently right now after that offering the amount of shares outstanding for BMNR is 279 million guys. Okay, that's up sharply from just about 173 million shares outstanding. So the share count has absolutely skyrocketed.
Okay, it's up like over about almost Yeah, I say we take a look how much that share count is up exactly. Uh do some quick math here. Uh, we're gonna do 279 million divided by 173 million. So, I did some real quick math, guys. So, the shares outstanding is up about 60%. So, anytime you increase the share count of any equity by 60%, you know, pretty much overnight in order to buy Ethereum, that's going to put a lot of downward pressure on the stock.
And we can see that the stock sold off for three days straight. You guys can see here on Monday, uh, September 22nd. Okay, Tuesday, September 23rd and Wednesday, September 24th. So, but the good news is is that it's bottom. So, guys, let's talk about let's let's be real here, okay? Um, a lot of you guys that don't believe uh Tom cares about shareholders, I think you guys are wrong.
Okay. Uh, BMR is really a generational hold in my opinion. uh the more and more I learn about Ethereum, the more and more I realize that I've been completely wrong about it. Okay? And the reason I've been completely wrong about it is because I've been traditionally a Bitcoin enthusiast, a Bitcoin maxi, and I always thought, well, you know, with 21 million Bitcoin, it's just better savings.
But the thing about Ethereum is that even though Ethereum supply isn't necessarily capped, okay, it is fixed, guys. And it's important to realize that BMR has done something that no other company has been able to do. Do do they've been able to scale their Ethereum holdings aggressively. So we take a look here on Block Works.
You always can see this one. It's Ethereum holdings by company. So let's just dig into this chart. So take a look at the growth here. Okay. If Tom Lee didn't care about BMR investors, why would he make it it make it so BMR has a massive competitive advantage? Okay. If you take a look here, right back in June and July, all these companies were starting basically at the same spot.
Okay, July 9th, BMR only had 81,000 Ethereum. Okay, at the point at that point, SBET, guys, so SBET, that's Sharp Link Gaming. Okay, they had 200,000 Ethereum. Okay, so at one point earlier this year, uh Sharp Link had twice as much Ethereum as BMR. But what Tom Lee has done guys is he's ensured that our company has a moat right a competitive advantage against other Ethereum treasury companies and he's also ensured that the company's acquiring the Ethereum as cheaply as possible.
So Tom Le's done a fantastic job of scaling Ethereum holdings quickly. Why? Because he cares about shareholders. because he wants to ensure that just like you know MSTR and strategy has a massive um lead in the Bitcoin treasury company's race he wants to ensure that BMR has a lead in the Ethereum treasury companies race and he's done that by being aggressive with his deal making okay so what this has done is this allowed um BMR to really stack money okay so first of all they've exceeded over 2% the Ethereum network holdings they have 2.4 4 million Ethereum and total crypto and cash together is 11 billion.
So, kind of just break down exactly what they have. Okay, so as of this press release, the company's holding 2.4 million of Ethereum. Okay. Um, now that's uh obviously that value is down a little bit. Okay, because Ethereum's down a little bit. uh 192 bitcoin, $175 million stake in eight co- holdings of RBS and about $345 million in cash.
And the phenomenal thing is that the company's able to done all of this in just a little bit under three months. Okay. So what does h all of this alpha that Tom Lee has accomplished as chairman of of Bitline in just three months, right? Stacked Ethereum got a lucrative stake at another company. Okay, lucrative, very lucrative stake at Ako.
Ako is stacking Worldcoin. Okay, Worldcoin, that's the project that was co-founded by uh and backed by Sam Alman uh founder of Open AI. Okay. And the company already has a nice cash balance, right? It still has a little bit of Bitcoin. You know, the all of this is a creative and it's been done so quickly.
Okay. It took Michael Sailor a really long time to acquire, you know, strategies Bitcoin and and Tom Le been able to do this within less than three months, guys. I think it's ridiculous to think he doesn't care about us. fact he cares about is too much because he's being so aggressive and he's being so accreative uh in his decision making that's adding value to the balance sheet.
So how do I know it's adding value to the balance sheet? Well, you know, we can just simply take a look at Bitmine's year-to- date returns because returns don't lie. So Bitmine now uh is up 600% year to date, guys. Okay, back in June the stock price was 4%. It's already did a 10x. So, he's already 10x people that were in earlier.
And like I said, we it's accumulating a a big base here. I expect another breakout way past $140. You guys watching my channel, you know that my price target is about $420 that could lead uh into, you know, Q1 as well because that's historically as strong for Ethereum. But if this company can approach and break out from its previous highs of 140, why why would we not trust it?
All he's done is made us money and stacked a bunch of Ethereum and built up this company in record time in less than three months, which is absolutely phenomenal. He's been able to basically accomplish what took Micro a micro strategy, you know, now called strategy years in less than three months. That right there actions alone should build trust.
the fact that he was able to sell the shares um at a higher price to the institutions than the market price and buy Ethereum right before Ethereum's about to break out. Probably well past $5,000 $10,000 in this bull run has been absolutely phenomenal. Um he has no reason to lose our trust until a couple of things happen.
Okay, the first thing is is heavy insider selling. So there hasn't been any Tom Lee himself hasn't, you know, he's not pulling the trigger and selling any of his stake. He's not dumping on us. That would probably be the main reason that we would lose trust in. The second thing would be is that we saw that the company wasn't focused on Ethereum per share and acquiring Ethereum.
If they got sidetracked by other projects or just, you know, basically stopped buying Ethereum, that would mean that he would stop caring about us. An example of that would be like what happened with the whole, you know, GameStop AMC saga where the AMC CEO had a chance to, you know, really save the company.
He didn't care, right? So, you know, Adam and the guy over at AMC. So, this is completely different. Okay. Tom Lee is uh, you know, he's been a he's been a he's been a phenomenal guy and he's really uh helped transform this this company in record time. You know, I mean, the the the amount that he's done in such a short period of time is ridiculous.
So, like I said, guys, really no reason to get frustrated, okay? With Ethereum down under 4K as of recording this video, I think BMR at $50 a fantastic dip by. We can step back a little bit, okay, here and take a look at the daily chart. We see right, you know, right dipping below the RSI is sold off a bunch.
The sentiment for crypto is negative. This is not this is not something that Tom Lee did. This is a marketwide sell-off. September is historically the worst month for stocks and crypto anyway. So you I don't expect sentiment to be high. I expect BMR to fly, guys. I'm still holding still holding options, still holding shares.
Like I said, until I see he in insider selling, I don't see any reason to lose trust in um Tom Lee because all of the acquisitions and everything is accretive point. So I think it's really cool what he's done with the company. I think I think he cares about us too much. So let me know what you guys think in the comments.
be really interesting to hear what you guys have to say. Like I said, if you guys enjoy this channel, please smash the subscribe button as well and see you in the next one.
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