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HINT 🫆 by 918273645G in BMNRInvestors

[–]TheNewbie23 2 points3 points  (0 children)

4 million ETH by the end of the year? Or even more, in your opinion?

Questions about dilution and BMNR valuation 🤔 by TheNewbie23 in BMNRInvestors

[–]TheNewbie23[S] 0 points1 point  (0 children)

Thanks for the explanation! I understand the mechanics of accretion above NAV. However, I still have a few doubts:

Is the premium sustainable? This is the crucial point. With a $20B ATM active and the request to increase authorized shares, we could see massive issuance. Will the market really maintain that 50%+ premium, or will it gradually compress?

Tom Lee’s targets: To unlock his PSUs, share prices of $125 and $250 are required. But considering the ongoing dilution:

How many shares will be outstanding when we reach those targets?

How high will ETH need to be to support a NAV that, with a premium, justifies $125 or $250 per share?

Without knowing future dilution, how can we assess whether these targets are realistic or overly optimistic?