BMNR
BitMine Immersion Technologies, Inc.
stockNYSE

BMNR should honestly just go for 10% at this point given how low the price is. The R:R is much better for them now at these levels. Either ETH becomes a valuable asset worth 8k+ at some point in the future and they make 4x+ on their buys or it fails and bleeds a slow death. Either way, BMNR owning 10% instead of 5% is never gonna be the critical failure point of why a future Ethereum “failed”.

You are the one that has a wild conspiracy theory. I'm stating the facts that go against your theory. Your last comment doesn't make sense at all. Why would they suppress the price if they cap investments at 5%? Be at least consistent. Tom lee doesn't benefit from a low ETH price as he already has 5% of ETH. Neither do I, as I own BMNR, and neither does anyone in this sub-reddit.

I'm sure BMNR has stated a lot of reasons why they wanted to buy so much. Not meant to be a comment as to whether they are good reasons or not.

Full debate on ETH issuance cuts ([pretty lively video](https://x.com/ethvaorg/status/2119101260951441557)) featuring . @jdetychey, @Pol_Lanski, @0xzak, and more. It's very lively discussion with supporters from both sides and genuinely undecided people asking thoughtful questions. A few things jumped out at me but **the whole video was very interesting**: * 14:12 -- Jerome is very frustrated/impassioned here. "When it reaches 50% it's over." (He means the whole Eth asset is over, not just the debate). * 31:40 -- Jerome: The main product of Ethereum is block space, and less and less people want it. On top of that we're lowering the price. We have low activity and the classic way to deal with this is to cut savings rate. * 34:07-- Jerome addressing BMNR employee: "Why don't you do something else other than staking? Why not do something cool like Blackrock just-in-time liquidity thing?" Someone at 35:00 made a really good argument roughly paraphrased: >Big companies like Blackrock will buy Eth as stocks/hedge for their clients. They get their management fee anyway, they don't care about decrease in yield. So that just results in more decentralization as solo stakers exit.

i trusted Tom Lee and bought BMNR $40 calls.. turns out he was just another degenerate Korean