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David Grider
2,005 posts
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David Grider
@David_Grid
Partner & Head of @FinalityCap Liquid Opportunities Fund | Ex. Head of Research @Grayscale (@DCGco) | FMR. Head of Digital Asset Strategy @Fundstrat
New York, NY
Joined June 2015
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  • user avatar
    David Grider
    @David_Grid
    Mar 9, 2021
    1/ Ethereum has a market cap of $210B. ETH generated $1.75B of revenue YTD-21. That’s already 3x the $600M earned during FY-20. At this pace, ETH FY-21 revenue is set to grow 1,400% YoY and top $9B.
  • user avatar
    David Grider
    @David_Grid
    Aug 24, 2021
    Bought my first @DegenApeAcademy on @solana
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  • user avatar
    David Grider
    @David_Grid
    Jul 28, 2025
    1/ What could $BMNR be worth? Here’s a few hypothetical scenarios to think about the value of the largest and fastest growing Ethereum ($ETH) Treasury company, @BitMNR
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    631K
  • user avatar
    David Grider
    @David_Grid
    Dec 16, 2021
    1/ We took a close look at the #Solana ecosystem. Here’s a thread on the report and thoughts on the recent network activity. grayscale.com/wp-content/upl… @Grayscale @DCGco @Sonnenshein @mattmaximo
  • user avatar
    David Grider
    @David_Grid
    Aug 27, 2025
    1/ Is @BitMNR ($BMNR) dead or a great buying opportunity?!? We don’t have a crystal ball, but last time the stock was around this valuation it doubled over the next month so we’re updating our hypothetical valuation model
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    331K
  • user avatar
    David Grider
    @David_Grid
    Sep 4, 2025
    1/ @BitMNR ($BMNR), which is listed on the NYSE, seems to be the only major ETH DAT not listed on the NASDAQ. x.com/deitaone/statu…
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    user avatar
    *Walter Bloomberg
    @DeItaone
    Sep 4, 2025
    $MSTR - STRATEGY SHARES FALL AS NASDAQ TIGHTENS CRYPTO RULES Strategy stocks dropped 3.5% after Nasdaq began requiring shareholder approval for new shares used to buy cryptocurrency, slowing the trend of firms turning into crypto-focused companies. Crypto-adjacent stocks also
    204K
  • user avatar
    David Grider
    @David_Grid
    Aug 28, 2025
    For those wondering why @BitMNR sold off sharply yesterday - this was the second unlock of the remaining PIPE shares. So is this an opportunity or should you worry that insiders will crash the stock? The PIPE round was done at $4.50 or ~1.1x NAV and investors who are now up
    This post is unavailable.
    116K
  • user avatar
    David Grider
    @David_Grid
    Aug 27, 2021
    Proud to be a @SolanaMBS monkey holder!
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  • user avatar
    David Grider
    @David_Grid
    Jul 25, 2025
    There’s a strong argument that @BitMNR is trading at a 1x NAV multiple TODAY. @fundstrat just said $BMNR is doing $100m of net income (from staking etc). Put a 25x PE multiple on that and its $2.5b of value plus the $2b of ETH they hold equals the $4.5b market cap before any
    user avatar
    CUBE365 Clips
    @clipper_video
    Jul 24, 2025
    Automated by @theCUBE365
    Bitmine's market cap surged from $26 million to $4.5 billion after recent leadership changes, generating nearly $100 million annually. #Bitmine #BMNR #StockMarket #Cryptocurrency #Ethereum #MarketCap #Investing #FinanceNews #Blockchain #CryptoInvesting video.cube365.net/c/977415
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    149K
  • user avatar
    David Grider
    @David_Grid
    Mar 1, 2025
    1/ I’m deeply concerned about the @solana inflation reduction SIMD-0228 being proposed by @tushar_jain and @kankanivishal of @multicoin and @maxresnick in its current form, especially without addressing some key risks/questions.
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    forum.solana.com
    Proposal For Introducing a Programmatic, Market-Based Emission Mechanism Based on Staking Partici...
    This proposal is updated in Epoch 750 to change the full rollout of emissions formula from 10 epochs to 50 epochs based on community feedback. Based on rough consensus achieved on Discord, there...
    112K
  • user avatar
    David Grider
    @David_Grid
    Oct 8, 2025
    What are you really playing for here - 30% return? @BitMNR should just lay off the ATM, blast ETH higher with their cash, squeeze them, and rip the ATM again into the shorts covering higher.
    user avatar
    Kerrisdale Capital
    @KerrisdaleCap
    Oct 8, 2025
    We're short $BMNR. Report at kerr.co/bmnr. The DAT playbook has become basic & unoriginal: as near-identical copycats overwhelm the market, premiums are collapsing and the ability to issue shares well above NAV to boost ETH-per-share is disappearing. RIP DATs🪦🥲 1/8
    43K
  • user avatar
    David Grider
    @David_Grid
    Aug 28, 2025
    Imagine thinking BMNR would trade below NAV when Tom Lee has $775m of cash to buy back shares for those silly enough to sell them to him at a discount
    user avatar
    maxxTFSA
    @maxxTFSA
    Aug 28, 2025
    $BMNR holds 1,792,690 $ETH Cash on hand: $775M 👀
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    53K
  • user avatar
    David Grider
    @David_Grid
    Aug 31, 2021
    Don’t call me a bear #SOL @TheBearGangNFT
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  • user avatar
    David Grider
    @David_Grid
    Jan 12, 2021
    Alt season is coming
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