Bitcoins - about to hit $5,000 per coin today!

[obsidian]

Ooh I really nailed that quote!

S&P is 6,300 when everyone else said it’d tank like crazy. Property here hit ATH last month and that’s is my biggest bet.

It doesn’t mean everything goes up. Timing the rotation won’t be easy Particularly if BTC is catching bids from money that would have gone to commodities.

I get the sense you're bearish ETH - right? Have you looked at the fundamentals?

ETH has been the best performing asset in the world the past 10 years. Nothing comes close. ETH did not exist when BTC was launched in 2009. It launched around 6 years later. And since then it has outperformed everything. Ethereum started at a ratio of 2000 ETH for 1 BTC.

Yes, ETH has performed like a dog the past few years. There's various reasons for this. But the bottom line IMO is it is completely mispriced and undervalued. We'll see what happens the next 10-20 years.

[obsidian]

The Strategic ETH Reserve is now over $11 billion.

Three companies have overtaken the Ethereum Foundation.

https://www.strategicethreserve.xyz/

Nice. We need a few more companies. I will laugh if Microsoft adds it officially.

[Griffith]

Cosmos Health secures up to $300M financing facility to launch Ethereum treasury strategy

Cosmos Health (NASDAQ:COSM) has entered into a securities purchase agreement with a U.S.-based institutional investor for the issuance of up to $300 million in senior secured convertible promissory notes to support the launch of its Ethereum (ETH) digital asset treasury reserve strategy.

Strategic accumulation of ETH to enhance long-term shareholder value through increasing ETH-per-share.

The company plans to explore additional yield-generating strategies to optimize cash flow and utility from ETH holdings.

https://www.msn.com/en-us/money/companies/cosmos-health-secures-up-to-300m-financing-facility-to-launch-ethereum-treasury-strategy/ar-AA1K1bOA?ocid=finance-verthp-feeds

[obsidian]

[obsidian]

EDIT: I see Griffith posted this news in a prior page. Still leaving it though... lol!

https://www.ainvest.com/news/ethereum-news-today-fg-nexus-shifts-200m-treasury-ethereum-signaling-corporate-blockchain-adoption-2507/

Ethereum News Today: FG Nexus Shifts $200M Treasury to Ethereum Signaling Corporate Blockchain Adoption

- FG Nexus rebranded and allocated $200M to Ethereum, led by Moglia and Vujinovic with institutional support from Galaxy and Kraken.

- The move reflects growing institutional confidence in Ethereum as a corporate reserve asset and blockchain integration in traditional finance.

- Analysts predict this could accelerate Ethereum adoption in treasuries, mirroring MicroStrategy's Bitcoin strategy and reshaping digital asset allocations.

- The strategy leverages Ethereum's smart contracts and ecosystem growth, positioning it as a foundation for decentralized financial innovation.

[obsidian]

https://ca.finance.yahoo.com/news/ethereum-treasury-stocks-better-buy-172342345.html

Ethereum Treasury Stocks 'Better Buy' Than ETH ETFs, Standard Chartered Says

Companies that are buying ether (ETH) for their treasury strategy are a better buy for investors than ETH spot exchange-traded funds (ETFs), said Standard Chartered analyst Geoff Kendrick.

The analyst noted that these firms are attracting attention not just for their holdings but also for their financial structure, which is starting to become attractive for investors.

“The NAV multiples (market cap divided by value of ETH held) have now also started to normalise for the ETH treasury companies,” said Kendrick, adding that this dynamic is making the "treasury companies now very investable for investors seeking access to ETH price appreciation."

Buying ETH for the balance sheet, following Michael Saylor's bitcoin (BTC) buying strategy, has taken off recently. Many publicly traded firms have jumped on board and seen their share prices surge initially, boosting their market cap and NAV multiples. Now, their NAV multiples are coming down from their initial peak.

Some of the top companies enjoying this market euphoria include BitMine Immersion Technologies (BMNR) and SharpLink Gaming (SBET).

Among these companies, Kendrick highlighted SharpLink Gaming's (SBET) NAV multiple, which at its peak was around 2.50 and is now coming down to a more normalized level of near 1.0. This means its market cap is only slightly higher than the value of its ETH holdings.