Without a computer on hand, I'll briefly list the reasons why I no longer have high hopes for BMNR:
According to the document from 8/4, the amount per share of ETH held is $24;
After the document from 8/11, it's $30;
As of today, 8/18, the amount per share of ETH held is $32;
At a weekly rate close to but not exceeding $2 billion, it might be around $34-35 next week;
And most importantly, to achieve the 5% target, if the premium doesn't increase, the price per share of ETH would be $47.
There are some assumptions I've set for the average ATM price and ETH price, which are roughly accurate. If anyone has different numbers, it might be your calculation (after all, I'm traveling, and vague numbers are sufficient; precision can't correspond to stock prices, lol).
How to raise the premium? Relying on CX is useless because it's already passed; relying on price is useful, but last week didn't see the super large ATM stock price I expected, nor did it skyrocket. I think at least trading more or even having a significant drop might be more cost-effective. At this position, it's best to keep reducing holdings on rallies. Traders are not believers; we don't have faith.
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