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Contra indicator ? 😁 Cathie Wood buys Bitmine Immersion Technologies

Cathie Wood yesterday bought 4.4 million shares in $BMNR (-3.18%) .

Interesting development, also due to Tom Lee's new Ethereum Treasury Company $BMNR (-3.18%)

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21.07

BMN

Bought x58 at €34.34

€1,991.72

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7 Comments

KoenigsRasse@KoenigsRasse

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I don't know how this woman has become so successful, but it feels like all her investments are going down the drain 😂

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BamBamInvest@BamBamInvest

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@KoenigsRasse That's why I write contraindicator, but before Corona your fund was performing very strongly

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Memo0606@Memo0606

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why did you buy them and what exactly do they do?

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BamBamInvest@BamBamInvest

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@Memo0606 $ETH Treasury Company , similar to $MSTR or $3350 only based on Etherum

https://www.prnewswire.com/news-releases/ark-invest-acquires-182-million-of-bitmine-immersion-bmnr-common-shares-enabling-bitmine-to-further-advance-its-ethereum-treasury-strategy-302510707.html

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Memo0606@Memo0606

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@BamBamInvest and the reason for your purchase or do you think it is cheap and longterm?

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Memo0606@Memo0606

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@BamBamInvest thanks
do you see ws as a long term investment

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BamBamInvest@BamBamInvest

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@Memo0606 because I find $ETH exciting, believe that we still have considerable upside potential here and that it is an exciting project with leverage. I haven't yet decided whether to hold for the long term or until the end of the year. Also depends on the development, maybe I will be forced to hodl 😂. But I've also added $SBET here, they are the biggest.

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