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![florentbtc Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::4278926553.png) Asimov ☩ 🟧 [@florentbtc](/creator/twitter/florentbtc) on x XXX followers
Created: 2025-07-21 20:18:41 UTC

Since they’re not (yet) able to raise convertible debt, both $SBET and $BMNR are turning to ATM offerings to quickly raise capital and accumulate as much $ETH as possible. 

But only one will come out on top in this race: $SBET.

Why? simply because SharpLink has significantly higher average trading volume than BitMine.

Average Trading Volume

Week XX
SBET: $13.6B USD
BMNR: $8.4B USD

Today
SBET: $2.2B
BMNR: $1.1B

With Average trading volume = exchanged shares × (open + high + low + close)/4)

As you can see, $SBET had XX% more volume than $BMNR last week, and XXX% more today. 

If the same trend continues over the coming weeks, and assuming both sales agents hit the ATM buttons with equal intensity, I expect $SBET to raise XXX to 2x more capital than $BMNR. That means more $ETH accumulated and at a lower average price. A game-changing advantage.


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947390795570679822/c:line.svg)

**Related Topics**
[$84b](/topic/$84b)
[bmnr](/topic/bmnr)
[united states dollar](/topic/united-states-dollar)
[$136b](/topic/$136b)
[$eth](/topic/$eth)
[atm](/topic/atm)
[debt](/topic/debt)
[$sbet](/topic/$sbet)

[Post Link](https://x.com/florentbtc/status/1947390795570679822)