With $ETH surging past $4,000, the market is taking notice of ETH treasury plays! đ„
@BitMNR, the largest publicly traded Ethereum treasury, rocketed up nearly 30% today. A quick look at the data shows why the excitement is building. @fundstrat $BMNR
Key Data Comparison:
đžETH Holdings: $BMNR leads with a massive 833k ETH, dwarfing competitors like $SBET (522k) and $DYNX (345k). @SharpLinkGaming @TheEtherMachine
đžProfitability: BMNR boasts a staggering $456M P&L on their holdings.
đžValuation: With an mNAV of 1.9x, it presents a compelling valuation case.
On top of their current holdings, BMNR has a stated goal of acquiring 5% of the entire ETH supply.
The gap in treasury size is massive, and their ambition is even bigger. Is the market just waking up to the scale of BMNR's ETH strategy?
#ETH #BMNR #Crypto #Stocks #EthereumTreasury $SBET $DYNX $ETHM
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