John A Daprano
1.1K posts

John A Daprano
@JDaprano
Normal dude who’s been working in the banking industry underwriting CRE for 25 years.
Joined Temmuz 2012
330 Following277 Followers

@unibulls852 @BMNRTracker How can you not understand why Tom is diluting so aggressively? The dude got the votes in January increase shares by 50 Billion AND got the votes for his compensation package. All he has to do is hit 4% then 5% and he gets paid out in millions. Shareholder value is irrelevant.
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@BMNRTracker I dont understand why Tom Lee are diluting share so aggressively, there is no reason to do it. The while point of $BMNR is they are increasing ETH/share. if they have the cash, they should do share buyback instead. No point to buy more ETH as long as we are trading below MNAV.
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@Eljinkay @TedPillows You think share price is going up while BMNR still needs to ATM to hit 5%? Any pump or mini rally in ETH gets ATMed immediately by diluting BMNR. You honestly think mNAV is going to climb above 1.00 anytime soon in the next 8-12 months? 50 billion shares. You’re delusional.
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$BMNR JUST RELEASED ITS 10-Q.
The filing states Bitmine had 537,628,819 shares outstanding as of April 13.
That matters because this is the denominator for the updated mNAV.
Using the latest reported treasury figures and the new 10-Q share count:
🔹 ETH: $2,325.65
🔹 BMNR: $21.63
🔹 NAV per share: ~$22.98
🔹 mNAV: ~0.94x
That means Bitmine is trading below the value of its underlying holdings based on the updated 10-Q share count.
$BMNR $ETH
See Bitmine's 10-Q below
sec.gov/ix?doc=/Archiv…

BMNR Bullz@BMNRBullz
🚨 JUST IN: TOM LEE AND BITMINE NOW OWN OVER 4% OF ETHEREUM Bitmine just added ~71,000 ETH this week. Here are the updated holdings: 🔹 198 BTC 🔹 $719M cash 🔹 $85M ORBS stake 🔹 $200M Beast stake 🔹 4,874,858 ETH $ETH $BMNR
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@Karenofweb3 @TedPillows You mistyped… think you meant Bullshit
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@BMNRBullz The problem with a potential crypto run is the immediate pullback on any small negative news. I’m not sure we’ll have such good conditions as we do now for crypto.
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@JDaprano Possibly because people are selling for stocks that are running.
If crypto get a proper run we'll be fine
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@DrProfitCrypto What indicators show it's dumping to 40-50k in the coming months?
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#Bitcoin: It only took some few percent in upside move to trick people that go insane again. I see people saying a new ATH is coming while other calling the bottom was in. And yet most don’t realize that BTC is heading to 40-50k in the coming months!
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@brian_armstrong @newlimit No Brian, you fucking up the Clarity Act is causing me to age. WTF dude, stop being so greedy.
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Aging is arguably the root cause of most major diseases. Our cells lose function as we age, allowing various conditions to manifest, which is why most major diseases correlate with age.
Yes, it is more complex than this, but this is a major component. @newlimit is working on treating a root cause of disease (aging) using epigenetic reprogramming.

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@TokenizedDollar This is so misleading. Apr 2025 is when Trump started to threaten Tariff's and began manipulating markets. I remember days where the market dropped over 1000 points on several occasions. In the last 8 months or ATH ETH has gotten crushed, down 52%. Cherry picking dates is easy.
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@ironman20054 @SatoshiFlipper That's awesome! Unfortunately I kept waiting for the next "positive event" that Tom continued to pitch on CNBC to send it through the roof and continued to hold. Fingers Crossed!
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@JDaprano @SatoshiFlipper It will be fine. I got lucky sold most around 70.00 started buying at 30.00 again all the way down to 18.00. I’m green finally as of today. Id be happy to add more on red.
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@ironman20054 @SatoshiFlipper Trust me I hope I'm wrong and BMNR skyrockets.
I started buying BMNR back in August 2025. Its been a rough 8 months. But we're still below a 1.00x mNAV. Even with this fantastic rally were having today.
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@suki45 @TomLeeTracker @BMNRTracker @BitMNR @SweatyKodi Honestly I’m not sure, I do know every time I express frustration with stock performance I get aggressive pushback. I get it’s not just an ETH DAT, but we’re ~51% of tonight’s ETH spike! Q1 report will be interesting. Also, it’d be nice to have honest dialog re investor concerns.
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Getting very worried that $bmnr cannot move higher . All good news lately with staking and on a nice shift up with Eth today this stock cannot get to $22 @TomLeeTracker @BMNRTracker @BitMNR @SweatyKodi
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@BMNRTracker Still below 1.00 mNAV. Not sure why it’s so low. Feel like BMNR should be at $22.68/share. A lot of investors are loosing faith, unfortunately.
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@amitisinvesting Bought NBIS at $91 sold at $129 (too early). Oh well.
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so…
the debate is over right?
$NBIS is the best neocloud out there?
is it still even a question or has Nebius officially won?
stellar mgmt, multiple equity stakes in diverse businesses, scooping up deal after deal…
i trimmed some at $105 to derisk and buy more $NVDA, letting the rest of my position ride although the CCs on this even for $200 are very attractive
it does feel overbought here (i would not buy at $150) but it is now in price discovery so anything goes
i still don’t love the biz model of the neoclouds with unlimited dilution + no profitability but $NBIS does seem to be differentiating themselves with ambitions to be a hyperscaler cloud vs just a neocloud
debate is done? are they the single best one out of the entire batch of neoclouds?
+8%

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@Cointelegraph This guy really doesn't care about getting the Clarity Act passed. It's non-stop posts for attention for self promotion. Get Clarity passed already @SenLummis and stop BS'ing the crypto community. So annoying.
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