№31 ETH-bear in the wild MINUSES❗️
Tom Lee (BitMine) is having a hard time — portfolio losses confidently move towards $7 billion.
Reminder:
🟢BitMine bought back 3.55% of the ETH supply.
🟢Available cash for replenishing reserves $586 million.
🟢Last week they purchased 41788 ETH ($100 million).
$ETH
🔛 Important — they have already staked most of the ETH at $6.7 billion.
Summary: Tom Lee continues to buy back via DCA, stake, earn passive income, and look at the long-term perspective.
I predict that over the next three years the guy will come out ahead by tens of billions of dollars.
😈 — agree, will come out ahead
🤯 — kind of liquidates
#ETH
Tom Lee (BitMine) is having a hard time — portfolio losses confidently move towards $7 billion.
Reminder:
🟢BitMine bought back 3.55% of the ETH supply.
🟢Available cash for replenishing reserves $586 million.
🟢Last week they purchased 41788 ETH ($100 million).
$ETH
🔛 Important — they have already staked most of the ETH at $6.7 billion.
Summary: Tom Lee continues to buy back via DCA, stake, earn passive income, and look at the long-term perspective.
I predict that over the next three years the guy will come out ahead by tens of billions of dollars.
😈 — agree, will come out ahead
🤯 — kind of liquidates
#ETH