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- 🚀 Gate Square “Gate Fun Token Challenge” is Live!
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If delivery is unavailable, th
ETH version MicroStrategy BMNR has taken new actions again.
Last week, they added 110,000 ETH — sounds like a lot, but compared to October, when they were buying around 200,000 ETH weekly, it's noticeably slower now.
Interestingly, the cost basis for their recent bottom-fishing was very low, bringing their overall average purchase price back to around $4,000. On paper? Currently, they are at an unrealized loss of about 11.5%, which isn't too bad.
With this move, BMNR now holds approximately 2.9% of the circulating ETH supply. Their target is 5% — Tom Lee is still on the way, just not taking as big steps as before.
The market is watching: Is this change in buying pace a strategic adjustment, or is there another plan behind it?