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BMNR: correcting this chart with actual SEC filings (previously based on x posts + grok input). TLDR: Druck probably already dumped most of his $4.5 warrants, while Thiel was still holding 5% stake on Jul 25 with cca. $5-10 cost basis (up 7-14x based on yesterday's prices) 👇
11.8. klo 19.15
In this scenario I could see ETH pullback and retest the breakout at 4k and I'd be adding positions in BMNR in the mid 40s, above the accumulation cost basis of Thiel, Wood, and Druck ($36 avg) and holding into Aug OPEX. Expecting some correction after that. NFA
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