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![SayNoToTrading Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1880059139419959296.png) Say No To Trading [@SayNoToTrading](/creator/twitter/SayNoToTrading) on x 6279 followers
Created: 2025-07-14 14:20:12 UTC

BitMine $BMNR stock reminds me of last year when $QXO went public via a merger between Jacobs Private Equity (Brad Jacob's firm) and public microcap SilverSun.

Stock went crazy, then crashed.

Thomas (Tom) Lee (not drummer) but financial rockstar became board chair of BitMine X weeks ago.

Basically, plan is to make is the Strategy $MSTR of Ethereum instead of Bitcoin.

After $250M PIPE and filing to sell up to $X billion in securities (translation: dilution) to support its accumulation strategy, what is the current NAV of $BMNR?

Grok X tells me $XXXXX as of today. Current share price is $XX. Premium to NAV to be expected but that much?

![](https://pbs.twimg.com/media/Gv0vvDgbIAAxsjc.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944763868267597994/c:line.svg)

**Related Topics**
[250m](/topic/250m)
[mstr](/topic/mstr)
[bmnr](/topic/bmnr)
[$250m](/topic/$250m)
[$mstr](/topic/$mstr)
[rockstar](/topic/rockstar)
[private equity](/topic/private-equity)
[corporate finance](/topic/corporate-finance)

[Post Link](https://x.com/SayNoToTrading/status/1944763868267597994)