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

https://twitter.com/David_Grid/status/1949805156217893226

2/ We haven’t seen $BMNR around this estimated valuation multiple since it last bottomed after the first investor unlock back in late July

1/ What could $BMNR be worth?

Here’s a few hypothetical scenarios to think about the value of the largest and fastest growing Ethereum ($ETH) Treasury company, @BitMNR 2/ While @BitMNR may be the leading Ethereum ($ETH) treasury company, it looks like its trading at a cheaper NAV multiple than @SharpLinkGaming and @MicroStrategy, despite much faster growth

1/ I’m deeply concerned about the @solana inflation reduction SIMD-0228 being proposed by @TusharJain_ and @kankanivishal of @multicoincap and @MaxResnick1 in its current form, especially without addressing some key risks/questions.

forum.solana.com/t/proposal-for… 2/ After listening to the latest @solana validator call, the arguments that were made for implementing this change are all very flawed, in my view.

1/ Real world apps are back!

Facebook Libra tried and failed to marry identity and consumer finance.

Now @OpacityNetwork, built on top of @eigenlayer, is seeking to deliver on Facebook Libra’s original vision and usher in a new era of real world apps for Web3. 2/ A common criticism of Web3 has been there’s only a few applications that offer real world utility and have meaningful user adoption.

At Finality, we believe technology like Web Proofs (zkTLS) and projects like @OpacityNetwork will be key ingredients for enabling the next wave of consumer-oriented Web3 use cases.

https://x.com/adam_winnick/status/1837993464442781951

1/ Check out our latest @Grayscale research report: The Postmodern Portfolio Crypto Allocation Thesis. A thread on key report insights:

https://twitter.com/Grayscale/status/1499497369381089281

2/ Crypto assets are becoming a key component of The Postmodern Portfolio by offering allocators a new category that extends the risk and return spectrum beyond traditional alternatives like #realestate or #privateequity.

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 @mattmaximo1 2/ Solana is designed to provide developers with a highly performant Web 3.0 #cloud platform that offers scalability at the Layer 1 blockchain level.

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. 2/ Putting this data into context:

Salesforce (Cloud 1.0): $195B market cap with FY-21E revenue of $21B (25% YoY growth).

Ethereum (Cloud 2.0): $210B market cap with FY-21E revenue of $9B (1,400% YoY growth).

Which high growth cloud investment would you buy?

1/ @CoinDesk published one of my recent reports on @horizenglobal which I encourage folks to check out.

$ZEN is a promising #cryptocurrency founded by @robviglione and backed by @DCGco, @Grayscale, @BarrySilbert.

For more research, check us out at @fundstrat & @fs_insight.

https://twitter.com/CoinDeskData/status/1321841851788386304

2/ Big tech stocks have come to dominated the S&P 500 but we think this paradigm could change over the next decade in favor of crypto.

1: The great value investor Warren Buffet may not think highly of crypto yet many of his core investing principals apply to the asset today. My recent investor memo titled “Value Investing in a Crypto Recession” explains why. Let’s break down the take aways in this thread:

https://twitter.com/aenigma_capital/status/1101257732324237312

2: The price of Bitcoin was in a bubble at the end of 2017 following a year that saw 1900%+ returns. Only a year later, the market sits at the opposite extreme as demonstrated by the selloff at the end of 2018 that saw prices plunge by more than 80% from previous highs.