25K in way OTM $BMNR calls and it’s already green 🤑
Author bought far out-of-the-money call options on BMNR with a $25k allocation and the position is already profitable, suggesting conviction in significant upside movement.
BMNR is poised for a surge based on a 4-year cycle pattern and recent share buybacks by Tom Lee. With Ethereum at all-time highs as a catalyst, the stock is expected to reach $50 or higher.
At post $16.63·Now $24.33+46.3% since postedas of Aug 24, 1:28 PM ET
$17k YOLO on Bitmine Immersion (BMNR), Bitcoin & Ethereum in secular bear market.
Bitcoin and Ethereum are entering a secular bear market driven by weak interest, geopolitical risk, and Fed hawkishness. BMNR will decline from recent highs back to the $14 level as crypto headwinds intensify.
At post $15.44·Now $24.33+57.5% since postedas of Aug 24, 1:28 PM ET