🧵
1/
BitMine provided its latest holdings update for September 21, 2026
$17.1 billion in total crypto + "moonshots":
- 5,983,940 ETH at $2,688 per ETH (per @coinbase)
- 212 Bitcoin (BTC)
- $180 million stake in Beast Industries @MrBeast
- $105 million stake in Eightco Holdings
Tom and the teams $ETH and $BMNR price targets:
$ETH at $22,000 = $BMNR at $500
Implied mNAV (Current Sharecount) = 2.48
$ETH at $62,500 = $BMNR at $1,500
Implied mNAV (Current Sharecount) = 2.63
Optimistic targets, but definitely possible if we can run up past $10k $ETH
I watched this man accumulate fear like I've never seen in my years in crypto.
He did it while comments harassed & laughed at him.
I was consistently encouraged by his attitude.
I learned from @fundstrat that being contrarian is a lonely place.
But it's also the right place.
$ETH is playing out a textbook Elliott Wave structure
So far, four waves are done and we've swept all the liquidity in current LTF range which means next expansion phase is close
You are not ready for what's coming