Wu Blockchain (@WuBlockchain): BitMine's MicroStrategy-Style ETH Treasury:
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- ETH+40Positive
BitMine's MicroStrategy-Style ETH Treasury: BitMine (BMNR) is emulating MicroStrategy by issuing stock to buy ETH, creating an“ETH treasury.”Its model depends on maintaining a high mNAV premium to fund ongoing accumulation. While effective in a bull market, it faces major risks—ETH price drops, shrinking premiums, weak liquidity, and lack of real business revenue. Its survival hinges on sustained market trust. Read more https://t.co/mPrPQcqGUp