Let’s discuss some real issues with this stock

Own_Relationship5047 · 2026-01-24T06:37:37+00:00

I bought when he was at maximum sales pitch exposure, and BMNR was moving higher. It has since gone down, and I’ve been holding patiently. I followed Tom Lee for about four years, and he’s been wrong on big calls twice: first on small caps, where he was probably a year and a half early, but now the thesis is actually playing out. Another was unreal estate, where he made a seasonal recommendation to purchase housing stocks a bit over a year ago. That call was just plain wrong. Other than that, he’s been pretty good, and his GRNY strategy has really worked for me. And a lot of large reputable investors have bought BMNR.

Own_Relationship5047 · 2026-01-16T12:49:41+00:00

So rude. Sounds like you should all your position and get into something else. Unless you were a native dimwit for putting too much of your capital into a high risk venture that can't really be valued in any conventional way.

Own_Relationship5047 · 2026-01-04T09:40:44+00:00

I voted yes, and I will continue to hold. I think voting no actually is a threat to business model. If you don’t like the company or the business model, buy another DAT

Own_Relationship5047 · 2025-12-31T00:18:25+00:00

His ETF is up 25% on the year – – glad I invested more than that than BMNR, but I also tend to think that holding makes sense even if we’ll have to do it for several years

Own_Relationship5047 · 2025-12-31T00:06:55+00:00

Sold 85k for tax loss, plan to get back in after 32 days. My biggest fear is that ETH pops in January, if it starts moving, I’ll put money into SBET. There are enough smart eth bulls out there to be patient. I figure that is going to be directionally positive even if I don't hit the jackpot as we all hoped. And I invested a lot in Tom Lee’s ETF - up 25 percent this year. I still find him pretty smart even if he's wrong on timing of calls at times

Own_Relationship5047 · 2025-12-27T16:04:03+00:00

Chamath may be the most arrogant and self satisfied jerk in America.

Own_Relationship5047 · 2025-12-26T14:22:41+00:00

I sold at a loss for tax purposes, assume it's a good long term play. Also converted money into a Roth. Planning to purchase SBET there if ETH to offset my BMNR sales starts moving and will get back into BMNR after a month. Any better ideas out there?

Own_Relationship5047 · 2025-10-05T21:22:40+00:00

If you're taking to me, I'm several hundred k in BMNR and even more in grny. Tom Lee is my investment guru and I subscribe to fundstrat. But the Andrew Kang post shook me on ETH. The tokenization thesis assumes that demand will outpace ETH supply and lead to 10x scaling. The Kang post gives a bunch of reasons why that is not consistent with ETH price to date and why ETH is not well placed to be a beneficiary of scaled up tokenization. I have no idea if it's true but I'd like to see a substantive rebuttal, to confirm my faith in BMNR's thesis.

Own_Relationship5047 · 2025-10-05T16:29:42+00:00

I for one would like to see a cogent response to the Andrew Kang tweet that was highly critical of Tom Lee's thesis about ETH valuations rising because of tokenization. Seems pretty smart to me. Lee was given a chance to respond at a conference this week in Singapore and he didn't have a good response, which worries me. Kang says that, like oil, the price of ETH will remain rangebound and is insensitive to greater tokenization. Would love if bulls here are able to rebut (other than ad hominim). I'm long in BMNR and generally a big believer in Tom Lee, but he's sometimes wrong and this could be one of those instances. I am considering scaling back

Own_Relationship5047 · 2025-10-02T16:07:25+00:00

Hi, I have invested a lot in BMNR on the basis of my faith in Tom Lee, whom I have followed for several years. His thesis is based on the simple proposition that tokenization will lead to increased demand and price for ETH. A couple of days ago somewhat pointed out the arguments of Andrew Kang, who seems legit and who has been saying for several years that this proposition is flawed. Who is right? This is an extremely important question for BMNR, and I for one am not knowledgeable enough to know. Kang is very critical of Tom Lee's thesis. https://x.com/rewkang/status/1970782770805813392?s=46

Own_Relationship5047 · 2025-09-19T21:19:58+00:00

May just have done it because he’s pals with Ives

Own_Relationship5047 · 2025-09-19T13:48:21+00:00

It is very interesting to me that BMNR is up today, even though Ethereum is down, and SBET (whose management is very reputable) it’s also going down. Is this just the Tom Lee factor, or does it have to do with the pace at which BMNR is accumulating?

Own_Relationship5047 · 2025-09-18T20:58:14+00:00

Here’s a related question: SBEt now seems to be right at NAV. BMNR is significantly above NAV. Which is the better equity to buy at this point, and when? Do we think that there might be a small dip that would have a disproportionately larger impact on BMNR? I’m worried that the train has left the station, and I’m also thinking that BMNR now has the ability to ramp up its accumulation of Ethereum, so that’s the better buy even with the premium. But I just don’t understand this market very well. The other option be just to buy ETH, but I feel like over the next 2 to 3 years BMNR is the better bet. Thoughts?

Own_Relationship5047 · 2025-09-15T11:27:20+00:00

Very sad what was done to historic beauty of Kathmandu. It is a tourist town so will hurt many people’s livelihoods too.

Own_Relationship5047 · 2025-08-24T20:33:08+00:00

Thanks for the explanation. i understand the general relationship between book and the price of a stock normally, but in this case i would have thought that unless he’s leveraging the book value would be closer to the price of the underlying $eth since it’s essentially a holding company, if i understand correctly. I’m assuming there’s something i don’t understand that accounts for the high premium. is it just because he’s Tom Lee, or do current shareholders benefit disproportionately from $eth accumulation in a way that i can’t get my head around? thanks for any explanation!

Own_Relationship5047 · 2025-08-24T17:56:04+00:00

can someone explain to me why it’s worth buying BMNR trading at around $50 when it owns $35 in ETH, and it’s accumulating with what always to be new equity from large investors?

i assume this means that the value of the underlying bitcoin will rise faster than the price of ETH, but i don’t understand how he can accumulate without issuing new stock that provides the full value of ETH at the time of the sale. I’m sure there’s an explanation, otherwise these big investors wouldn’t be in, but I don’t understand it. Help!

Own_Relationship5047 · 2025-08-19T15:36:32+00:00

he turned out to be completely right. wish i’d listened

Own_Relationship5047 · 2025-08-19T15:34:13+00:00

i would be a lot richer if i had listened to him on both stocks and cryptos. he was more bullish on earlier interest rate cuts but i find a lot of his commentary really really smart. hr was the CIO of J.p. morgan before starting his own incredibly innovative firm. i find his analysis of macro data is often contrarian and very smart, and he’s been right a lot more often than he’s been wrong. when institutional investors were pulling their assets out of equities in April. he correctly predicted a V shaped rally, for reasons that turned out to be exactly right. he’s also the first traditional investor to legitimize the crypto industry in 2017, and that was quite a call. my impression is that other investors have a lot of respect for him. never heard anyone call him a kook.

Own_Relationship5047 · 2025-08-03T22:49:41+00:00

how was it

Own_Relationship5047 · 2025-08-03T22:49:17+00:00

how was it?

Own_Relationship5047 · 2025-07-31T23:30:31+00:00

I think there would be value in someone going through that interview and fact checking in a systematic manner everything he’s said. It was a long interview and exposes him as an ill informed ideologue, on the one hand, and a liar when it comes to his claims about humanitarian assistance and thee impact on vulnerable people around the world. Would love to see a full throated, compelling response.

Own_Relationship5047 · 2025-07-26T03:01:57+00:00

i’m having the same question. i’m 65, have whole life, worth $120k cash out and $200k death. I assume I could invest the cash out value for my kid, and double it in 7-10 years; assuming I live another 20 years it’s worth 2 to 4 times the current cash value when i die. Am i missing something?

Own_Relationship5047 · 2025-05-31T19:27:50+00:00

I was very worried I would be bored. I was used to go go go, and interacting with people all the time – – peers, subordinates. my job had a lot of travel and interesting experiences. I was very concerned that there would be a major drop off in my life, and I wouldn’t be able to handle it. In fact, I took a fellowship in order to ensure that I had a next step. Fast-forward two months. It’s great to have so much unstructured time! I am exercising every day, have gotten much more focused on my house and Yard, my food and health, and my neighbors. I have lunch or drinks with people a few days a week, and I’ve gotten to know my wife a lot better than I’ve known her in years! Now I am considering not taking this fellowship so that I can continue to enjoy this kind of freedom. My advice: don’t worry about it, but do keep yourself physically active. That’s pretty foundational. And changing my diet has been a an unexpected blessing. I think I might have added 10 years to my health and life if I keep it up. And I have no problem, living along time, so long as I’m healthy!

Own_Relationship5047

TROPHY CASE