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"if I'm looking to bet on Ethereum, I think Bitmine here makes a lot of sense because you're pretty much buying it at par. It's no longer trading at a premium. It was even trading at a discount a few days ago. You're essentially getting Tom Lee, which will likely generate a lot of excitement, as he consistently creates more Ethereum per share of value than he issues. I might buy Bitmine again in the future."
The speaker explains how BitMine (BMR) creates value by acquiring Ethereum at strategic times, suggesting that the stock trading at par offers an attractive entry point. He emphasizes the role of Tom Lee in efficiently leveraging Ethereum value creation, making BitMine an appealing option for those looking to gain exposure to Ethereum through a company mechanism.
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