I've seen many people lose a lot of money because they bought BitMine $BMNR. I repeatedly said on X (Twitter) that BitMine's stock price is severely overvalued, dropping from a high of 160 to now over 40, and it is still overvalued. Currently, a lot of information about BitMine has not been disclosed, and it lacks transparency, posing a significant speculation risk. The reason everyone is chasing it is that the chairman of the board behind BitMine, Tom Lee, is a Korean-American with significant influence on Wall Street, known in the industry as the "Wall Street Oracle." He graduated from the Wharton School of the University of Pennsylvania and was the chief strategist at JPMorgan for 15 years, also a star guest on the well-known financial channel CNBC. So, everyone is experiencing FOMO about BMNR. Next, when purchasing ETH, we mainly look at the performance of $SBET and $BMNR. One represents the most native power of Ethereum, while the other represents a Wall Street financial background. SharpLink Gaming $SBET's chairman Joseph Lubin is also a co-founder of Ethereum and the founder of #ConsenSys, which includes flagship business segments like the wallet #MetaMask and the public chain #Linea. Currently, SBET holds 294,000 ETH, worth about $882 million, with a market cap of about $1.5 billion and a net asset value (NAV) of 1.7; BMNR holds 163,142 ETH, worth about $489 million, with a market cap of $3.6 billion and a NAV as high as 7.37; As a reference benchmark, Strategy $MSTR holds 601,550 $BTC, worth about $72.186 billion, with a market cap of $127 billion and an NAV of approximately 1.76. The conclusion is that BMNR is still a very worthy target for attention and research. However, the current price is not very suitable for participation or investment; it emphasizes—good targets at suitable prices. Waiting for BMNR's NAV to approach 2 seems like a good buying point. More data on listed companies holding coins (real-time updates)