1J·

It's getting crazier and crazier 😂

$BMNR (+1,32 %)
$ETH (+0,39 %)
$SBET (-1,24 %)

Tom Lee raises 20 billion dollars to buy more Ethereum

it's getting crazier and crazier 🫣

https://www.sec.gov/Archives/edgar/data/1829311/000149315225011831/form424b5.htm

New ATM Filing

- $20B additional ATM added

- Previous $4.5B ATM 100% sold

- 173.5M shares outstanding

5 Commentaires

Memo0606@Memo0606

good for $BMNR

•

BamBamInvest@BamBamInvest

@Memo0606 well we'll see, it's good for $ETH but it's dilutive to existing shareholders but will probably prop up the $ETH price and take it to new heights. It is a huge share issue. About four times the shares currently in existence. Will be fun 🤣.

The shares in this offering will not be issued all at once on a specific date. Instead, shares will be issued gradually over time as they are sold through the selling agent (Cantor Fitzgerald & Co.), depending on market conditions and the company's discretion.

•

Woodz@DasWoodz

@BamBamInvest https://youtu.be/J5eTOPwyyb0?t=420&si=hv1ELZRSE6Lmfbkr

I found it quite interesting

•

BamBamInvest@BamBamInvest

@DasWoodz yes thank you 👍

••

K@TechNav

And then he sells them all... Already seen the movie

•