The Future is Now 🕸️ Signal & Scale

After the recent update, $BMNR announced a huge buy of 111,942 $ETH. This purchase was roughly $240 million and all of it came from the cash pile (down to $444 million). My current estimated sharecount remains at 582 million shares.

You have to own something. W2 income will be a rounding error compared to asset appreciation in a 10x economy. Switch from earning to owning.  *NFA

“You cannot simultaneously have a welfare state and free immigration.” — Milton Friedman

Evidence of exceptional ability and asking how they solved hard problems down to the brass tacks level is what matters. Those who actually deserve credit know the details of the solution, because it was so hard it got seared into their brain. The phonies and posers who falsely claim credit will flounder at the second or third level of detail.

FTSE Russell published their preliminary index inclusions and deletions - Bitmine is on this list for inclusion for large-cap Russell 1000 - $BMNR market cap above the minimum $5.7B for large-cap inclusion - Many active managers only buy equities on the Russell 1000 Additionally, it is estimated 20-25% of the market cap of a stock is held by passive index funds/ETFs