The average purchase price? A cool $95,284 per Bitcoin. Because nothing says “prudent investment” like buying crypto at a price that could rent a penthouse in Dubai for a year. Their total holdings now sit at 709,715 BTC, with a cost basis of $54 billion. That’s enough to make Warren Buffett text his therapist.
BMNR is down roughly 21% over the past six months, a sustained pressure most unbecoming for a stock of such lofty aspirations. Yet, a short-term bounce of about 4% over the past five days hath offered a fleeting hope, setting up the core conflict. Staking-driven optimism doth grow, but the chart doth flash risk. Whether the bullish narrative can overpower the technical damage now doth rest upon one key price zone, as if the fate of the world hinges upon it.
Each day of this marathon presale comes with its own unique price tag. Once it’s gone, it’s gone, dashed good riddance! No popping back to yesterday for a bargain, I’m afraid. A ‘one-way pricing ladder’, they call it. Sounds rather exhausting if you ask me.
The digital asset known to friends and foes alike as XRP is currently doing what it does best: standing awkwardly at $2.10, like a teenager at a school dance trying to decide if it’s safe to move. But fear not! On X (formerly known as “that bird app where people lose their minds”), the ever-dramatic ChartNerdTA dropped a hot take hotter than a stolen deep fryer:
Moins d’une semaine après que son entreprise, Strategy (jadis MicroStrategy), ait conclu une acquisition de Bitcoin d’un montant fabuleux, 1,25 milliard de dollars, le digne Président du conseil d’administration se montre déjà pressant pour notre prochain goblot de surprises.
Eleven percent! A precipitous drop, yes, but observe – a strange, unsettling vitality within the decay. Volume has surged. A veritable frenzy of activity as if investors, those restless spirits, are desperately attempting to decipher the hidden meaning within this turmoil. A paltry $145 million, mind you, but still…significant. A whisper in the vast emptiness.
Oh, what a dramatic twist! Zcash, that most capricious of cryptocurrencies, nearly met its demise, but valiant dip buyers, like knights in shining armor, intervened at the eleventh hour. 🧙♂️
The Nasdaq, ever the stern schoolmaster, has sent Canaan a stern letter, warning that its ADS have dipped below $1.00 for 30 consecutive days. A formal compliance process is now in motion, like a train heading toward a bridge that’s been removed 🚂.
And get this-it’s not even breaking a sweat! No dramatic spikes, just a steady climb like it’s on a StairMaster. 🏋️♂️ Meanwhile, the broader market is like, “Risk-off? More like risk-nap.” 😴 But Dash? Decoupled and living its best life. ✨
