Storm

@fundstrat @BitMNR Congrats, @fundstrat !

This is a positive development Bitmine @BitMNR on the preliminary list for inclusion into the large-cap Russell 1000 $BMNR

@CoinDesk Disaster

JUST IN: The SEC has delayed a proposal that would allow crypto versions of U.S. stocks to trade, per Bloomberg.

@BitMNR @coinbase @MrBeast On behalf of your @BMNR investors, this has been an absolute disaster.

🧵 1/ BitMine provided its latest holdings update for May 18, 2026 $13.1 billion in total crypto + "moonshots": - 5,278,462 ETH at $2,191 per ETH (@coinbase) - 202 Bitcoin (BTC) - $200 million stake in Beast Industries @MrBeast - $83 million stake in Eightco Holdings (NASDAQ: $ORBS) (“moonshots”) and - total cash of $683 million. Ticker: $BMNR Chairman: Tom Lee @fundstrat Link ⛓️ prnewswire.com/news-releases/… bitminetech.io

@ProofOf_ion The only mind-numbing thing is the length of your post. Use AI if you can't write more concisely on your own.

Listening to David’s explanation of why he sold was pretty mind numbing lol… I recently shared that I was a toxic Bitcoin maximalist for roughly 8 years, from 2017 to late 2024. Stablecoins are what initially made me revisit my thesis on Ethereum, and on ether as Ethereum’s native asset. That, combined with the rapid approach of the agentic economy - a world with an infinite number of autonomous economic actors sending value through stablecoins across a small handful of networks that society has deemed valuable - made me reevaluate further. So I went back and revisited my priors on Ethereum. Were my early concerns around centralization, monetary policy, and network effects still valid after all these years? Surely, yes. I set out to prove myself right. I found out I was wrong. The centralization concerns I had entirely faded. While I was 100% encapsulated in my Bitcoin bubble, Ethereum had slowly, quietly, and relentlessly built the only other WWIII-proof, global, credibly neutral, decentralized protocol. And in some areas, Ethereum had actually become more decentralized than Bitcoin: client diversity, validator distribution, and a secure long-term scaling/security model through proof of stake. Ethereum had matured. It had grown out of its early “shitcoin” association. It had become the only truly permissionless, censorship resistant, credibly neutral, and valuable protocol outside of Bitcoin. It grew up. That matters because the only reason I was ever Bitcoin-only was that, at the time, there were no other networks with the protocol traits that could plausibly make all of global finance, and eventually much of humanity, value them at the deepest level. Back then, it was only Bitcoin. So the irony here is incredible. Just as Ethereum and ether have finally matured, just as Ethereum has distanced itself from the decentralized-in-name-only, venture-backed, fake startup, “we’re hiding behind a blockchain” mentality, now a small group of influencers have decided to become negative on Ethereum. When Bitcoiners use the term “shitcoiner,” this is what they are usually talking about. Bag chasers. People who want their chain to act like a company. Permissioned. Hyper-structured. Marketing team. CEO. Quarterly reports. Revenue. Earnings. Some polished growth narrative for VCs. Basically, a bunch of stupid shit that already exists in the fiat world. The same world Bitcoin, and now Ethereum, were created to help us escape from. To suddenly be disappointed that Ethereum has a broader mandate than “pump my bag,” and is instead focused on hardening the traits that make the network valuable over decades, tells you a lot about how these people misunderstand it. CROPS is the value proposition. Censorship resistance. Resilience. Openness. Permissionlessness. Security. That is why society values Bitcoin. That is why society now values Ethereum. And that is why the Laura Shins, Ansems, and David Hoffmans of the world jumping ship now is so revealing. They are not leaving because the thesis broke. They are leaving because they never had the thesis in the first place. They do not and never have seen the value in decentralized, global, open systems - sanctuary technologies or neutral rails that can materially improve people’s lives. What they have always chased is a high-growth stock equivalent with a smaller market cap. A shiny new object that appears once or twice per cycle; violent upward momentum, narrative, and upside without the patience required to actually understand what is being built. They need to chase because they do not have the time horizon to hold a thesis and let conviction compound over time. CROPS is the entire value proposition. Do not let startup-brain influencers, who never understood why this ecosystem was created in the first place, gaslight you out of conviction.

@fundstrat @FundstratCap Boy, unfortunately Ethereum has been a disaster. High oil prices isn't the reason. Look at rest of indexes, people.

Granny Shots landing in Europe 🛳️🚢 🇺🇸 English — Go Granny!! 🇮🇹 Italian — Forza Nonna! 🇩🇪 German — Los, Oma! @FundstratCap

@perkinscr97 @fundstrat One man's racetrack is another man's drain.

@fundstrat has the helm.

@maxxTFSA LOL 1. You don't get to judge other people's convictions. You don't know their story. 2. You also don't know if regulatory clarity lands. So it's not "when regulatory clarity lands", it's "if regulatory clarity lands". These hopium posters.... lol

Crypto has been in a bear market for 6+ months now.. If two weeks of negative sentiment on CT was enough to break your conviction and make you sell your last ETH… it must not have been that strong to begin with I don’t agree with Tom Lee’s aggressive short term targets, but I do agree that $ETH is setting up for a real breakthrough once regulatory clarity lands Odd timing for Bankless to “move onto the next era” when ETH is also about to move onto one of its own

@RobSechan Almost all of these benefits are the DAT, not the "plus". Additionally, there's plenty of RWA on-chain and ETH hasn't moved except downwards. Finally the "yield" is around 3%. Not exactly a high-yield. But I like Tom and root for his success. Hope Ethereum shines.

$BMNR is best understood as DAT plus. The plus matters. Digital asset yield and investment. A digital asset bank. A digital Berkshire-style holding company. A scaled platform and infrastructure business built for where this market is actually going, not where it has been. This is about owning the rails, the balance sheet, and the operating leverage across the digital asset ecosystem. Capital allocation, yield generation, infrastructure, and long-term compounding under one roof. The holding company of tomorrow, purpose built for digital assets. Great to be involved and increasingly bullish on the vision coming together @BitMNR with @fundstrat and the team behind it. @BMNRBullz

@AggrNews @fundstrat

OPENAI IS PREPARING TO FILE FOR AN IPO IN COMING DAYS OR WEEKS: WSJ

@LorenzoARK @consensus2026 @Uniswap How's your "too much winning" comment going?

Just got back from @consensus2026 Miami. Some unfiltered thoughts on the vibes: The industry has clearly grown up. The degens are gone, the allocators are wearing suits, and your @Uniswap booth has been replaced by a JP Morgan activation with 50 year old boomers. Cautiously optimistic with a distinctly institutional aftertaste. This was not a bull market conference. Key takeaways: 1) CLARITY Act has serious momentum. Everyone at the conference basically agrees it's getting done before summer. The urgency is real, people are done waiting. And the regulatory window feels genuinely unprecedented: CLARITY Act, GENIUS Act, a CFTC chair actively engaging with the industry, this combination has never existed simultaneously before. The institutional urgency you're seeing everywhere is directly correlated to this window feeling time-limited. Miss it and you're explaining to your board why you sat on your hands during the most favorable crypto regulatory environment in history. 2) Institutions are not dabbling anymore. They are ALL IN on tokenization and terrified of missing it. No one is debating whether blockchain rails are useful. The debate is now who gets the mandate. And quietly @coinbase , @krakenfx , @RobinhoodApp and @Bullish and others are being seen more as competitors than potential partners by a lot of these TradFi players. 3) TradFi M&A is going to keep ripping. @krakenfx just grabbed Reap for $600M. Visa, Mastercard, Swift etc they can't miss the train and they're willing to overpay for the ticket. 4) Crypto VC is consolidating fast. @a16z and @katie_haun just announced $2.2B and $1B funds respectively. Meanwhile the boutique VCs are either pivoting to AI or quietly closing shop. Same playbook is happenign as traditional VC, the big platforms eat everything and the small guys scramble. Seed and pre-seed is basically a ghost town right now. Late stage and pre-IPO is where the action is. 5) Investment themes were aggressively consensus (no pun intended): Stablecoins, tokenization, vertically integrated neo-banks, regulated or permissioned DeFi. Literally everyone is trying to be a tokenization platform. Issuance, management, settlement, curation, pick your lane, slap tokenization on it, try to raise money. 6) Building in crypto is genuinely hard now. Your competition isn't some scrappy new L1 or GMX, it's @tether , @Anchorage , and @Securitize. there are now many crypto businesses running 200M+ annual Rev with serious management teams and deep pockets. The barbarians are now the establishment. New entrants are going to have a very bad time. 7) Pure token-only plays have become extremely contrarian. Controversial take but I think the biggest returns will come from a handful of tokens that can credibly signal in a compliant way that the token remains the only value accruing asset going forward. 8) A lot of teams are in a genuinely weird spot on the token/equity dynamics. Decent products, decent teams, but a complete stakeholder clusterf*** that nobody can untangle. Many of these will simply not survive. 9) The agentic finance and agentic commerce crowd was loud. The actual substance was not. A lot of big claims, very little to show for it. Feels very early and mostly vibes. Color me skeptical for now. 10) @Bullish acquiring Equinity for $4.2B was the boldest move of the conference. @ThomasFarley and @BonannoDavid now have a full-stack RWA proposition: issuance, transfer agency, tokenization, exchange and settlement under one roof. Massive move. Very positive for the industry regardless of whether you think the price or the move were right. 11) @BitMNR and @fundstrat are apparently tired of winning and has decided to let your grandma keep her ETH... for now. The pace of accumulation is slowing. Tom, we await your next allocation with bated breath. 12) DeFi apps are moving up the stack and getting smarter about it. They don't want to be the commodity infrastructure layer getting squeezed by exchanges that own distribution. Some genuinely interesting announcements, @buffalu__ at @jito_sol launching JTX being the highlight. 13) Nobody at the conference was talking about retail coming back. The entire conversation was institutional. That's either a sign of maturity or a sign that the industry has quietly given up on mainstream consumer adoption for now and is betting the next cycle gets pulled by institutional flows rather than retail FOMO. Probably both. 14) The L1 debate is officially dead. Nobody and I mean nobody was arguing SOL vs ETH or pitching their shiny new L1. The crowd that used to religiously defend their chain of choice has either grown up, cashed out, or both. Institutions don't care about your consensus mechanism. They care about settlement finality, compliance rails and liquidity. The L1 wars were fun while they lasted. RIP. 15) DATs are a mess. Had some genuinely productive conversations with a few of them but let's be honest most are an absolute clusterf*** operationally and very few are running anything resembling a legitimate business. The structure is a disaster at the stakeholder level and the governance makes your average startup cap table look clean. That said, the permanent capital vehicle concept is still genuinely compelling and I think a handful of these will turn out to be absolute home runs. The model isn't broken, most of the teams just are. Bottom line: Consensus 2026 felt like the moment crypto stopped being a movement and started being an industry. Whether that's exciting or depressing probably depends on when you got in.

@LorenzoARK @consensus2026 @Uniswap Lol Doing great on your "too much winning" comment

@LorenzoARK @consensus2026 @Uniswap You're still missing the mark on your "tired of winning" BMNR statement.

@LorenzoARK @consensus2026 @Uniswap Lol still doing great on your "they stopped buying ETH bc of too much winning". Ludicrous statement by you. Yikes for your followers and subscribers.

@LorenzoARK @consensus2026 @Uniswap Lol on your so much winning statement. There are free charts out there btw :)

@LorenzoARK @consensus2026 @Uniswap So much winning

@fundstrat @BitMNR Nice job, @fundstrat @BitMNR !

Staking revenue annualized now exceeding $300 million for Bitmine @BitMNR $BMNR

@BitMNR @coinbase @MrBeast Mostly agree with this but the fact that something hasn't happened in crypto winter doesn't mean it's now crypto spring. Could just be "not winter". Would be nice to see updates on MAVAN and client base. Ty

🧵 1/ BitMine provided its latest holdings update for May 114, 2026 $13.1 billion in total crypto + "moonshots": - 5,206,790 ETH at $2,366 per ETH (@coinbase) - 201 Bitcoin (BTC) - $200 million stake in Beast Industries @MrBeast - $88 million stake in Eightco Holdings (NASDAQ: $ORBS) (“moonshots”) and - total cash of $775 million. Ticker: $BMNR Chairman: Tom Lee @fundstrat Link 🔗 prnewswire.com/news-releases/…

@LorenzoARK @consensus2026 @Uniswap Hopium. Lol @BitMNR and @fundstrat are tired of winning? What's their share price? What's ETH's price? You're definition of winning is not financial. Also, everyone there says Clarity will pass bc they are in the crypto space. Go to a banking conference for the opposite pov.

@fundstrat I don't think anyone cares what it was 10 years ago.

According to this chart In 2016, ETH WAS $2.83 and it’s $2,300.00 now Seems like better than flat

@alicharts So much for your bullish run posts

Bitcoin $BTC appears to have cleared the overhead short-side liquidity between $80,000 and $84,000. Now, major liquidity pools exceeding $55 million sit at $75,000, $73,000, and $70,000.