Brenn talking in your final trades. What. Yep.I like Ethereum, but I love the volatility of B&MR. You can sell calls and get about 9% over a month. All right.Thank you, Rob Sichin. I like that, too, but I'm saying NRG talked about it earlier in the show. All right.We'll get into the other stuff later. What's yours. The CME Group.The tailwind of volatility is a tremendous beneficiary for them, and I'm looking for that special dividend in December. You guys have any like original ideas why poetic Tailwind. I ...

Group 1 - Companies acquiring ether and other altcoins have seen significant stock price increases, with some stocks surging over 500% year-to-date [2][3] - Eightco Holding, Bitmine Immersion Technologies, and Sharplink Gaming are among the companies transitioning to crypto treasuries, purchasing various cryptocurrencies for their balance sheets [2][5] - The trend of companies acting as crypto proxies is gaining momentum, with a revival in altcoins potentially legitimizing these assets further [3][8] Group 2 - Bitcoin's market dominance has decreased from 65% in late June to approximately 56%, while ether's share has increased from around 9% to 13% [7] - The overall market share of non-stablecoins has risen from 19% to 24%, indicating a growing interest in altcoins [7] - Traders are increasingly buying stocks of companies with crypto treasuries as a way to gain exposure to cryptocurrencies without direct investment [6]

Company Overview - BitMine Immersion Technologies (NYSE: BMNR) has made significant Ethereum purchases, acquiring an additional $200 million worth of ETH on September 11, bringing its total holdings to over 2.1 million ETH valued at more than $9.2 billion [1][2][3] Market Activity - The price of ETH has shown signs of recovery, increasing by 3% to $4,440 amid a broader crypto market rally [1][5] - Daily trading volume in Ethereum has surged by 38% to $41.5 billion, indicating strong bullish sentiment among traders [6] - Inflows into spot Ethereum ETFs have resumed, with net inflows reaching $1,761 million on September 10, led by BlackRock iShares Ethereum Trust (ETHA) [7] Competitive Position - BitMine remains the largest corporate holder of Ethereum, significantly ahead of its closest competitor, Sharplink Gaming, which holds 837,000 ETH [3] - BitMine's recent purchases nearly matched the total ETH accumulated by all treasury firms in the previous week, highlighting its aggressive acquisition strategy [3][4] Financial Performance - BMNR stock has experienced a trend reversal after a 23% correction over the past month, with a 5% increase observed on the weekly chart [4]

Core Viewpoint - Certain cryptocurrency-related stocks have experienced significant gains, indicating a positive market sentiment towards the sector [1] Group 1: Stock Performance - Bit Digital (BTBT.US) has risen over 7% [1] - Bitmine Immersion Technologies (BMNR.US) has increased by more than 7% [1] - Strategy (MSTR.US) has seen a rise of over 1.7% [1] - Hut 8 (HUT.US) has gained more than 6.8% [1] - American Bitcoin (ABTC.US) has increased by over 2% [1]

Group 1 - Dan Ives has taken on the role of chairman at Eightco Holdings Inc., which has adopted World (WLD) as its primary reserve asset [1][2] - Ives expressed enthusiasm for the intersection of AI and crypto, particularly in decentralized identity verification [2][3] - The project is seen as an infrastructure play, with iris scanning technology expected to become a standard for human identification [3] Group 2 - Ives compared the current state of World to Nvidia and Palantir, suggesting a similar growth trajectory [4] - EightCo raised $250 million through a private placement to support the adoption of WLD as its treasury reserve asset [5] - The World project, co-founded by OpenAI CEO Sam Altman, has faced privacy concerns and is currently banned in several countries [5]

Cathie Wood-led Ark Invest has carried out its routine portfolio rebalancing, leading to the purchase of some BitMine Immersion Technologies (BMNR) stock. Shares of Robinhood Markets Inc. (NASDAQ: HOOD), which were recently added to the S&P 500 index, were offloaded by the asset management firm. BitMine Stocks Record Price Gain Ark Invest recently cut down on its stake in Robinhood’s stock to accommodate Tom Lee’s BMNR, making a notable pivot in the firm’s financial portfolio. The acquisition of 101,95 ...

Group 1 - Eightco Holdings' shares surged over 5,700% after announcing a Worldcoin treasury strategy and raising $250 million through a private placement to adopt WLD as a primary asset [1][5] - BitMine Immersion, led by Tom Lee, invested an additional $20 million to support the Worldcoin initiative, which is associated with a cryptocurrency that powers a blockchain project by OpenAI CEO Sam Altman [2][5] - The stock of Eightco Holdings opened at $18.61 after closing at $1.45, reaching an intraday high of $82.98 before closing at $45 [5][6] Group 2 - Dan Ives, a well-known Wall Street analyst, was appointed as the new chairman of Eightco Holdings, bringing his expertise in technology and AI [3] - Ives emphasized the importance of World in leading the AI-driven Fourth Industrial Revolution, while Tom Lee highlighted BitMine's commitment to supporting innovative projects within the Ethereum ecosystem [5]

Group 1 - The cryptocurrency ecosystem stocks experienced a collective decline on Friday, with notable drops in various companies [1] - Bitcoin-related stocks such as Bit Digital (BTBT.US) fell by 1.77%, Hut 8 Mining (HUT.US) dropped over 4.5%, and MicroStrategy (MSTR.US) decreased by more than 1.8% [1] - Ethereum-related stocks like Bitmine Immersion Technologies (BMNR.US) saw a decline of over 5%, while SharpLink Gaming (SBET.US) fell nearly 6% [1] Group 2 - Cryptocurrency exchange Coinbase (COIN.US) experienced a decline of over 4%, and Robinhood (HOOD.US) dropped by more than 6% [1] - Stablecoin leader Circle (CRCL.US) saw a significant drop of over 7% [1]

Core Viewpoint - The cryptocurrency ecosystem stocks experienced a collective decline on Friday, with significant drops in various companies associated with Bitcoin and Ethereum [1] Group 1: Bitcoin-Related Stocks - Bit Digital (BTBT.US) fell by 1.77% [1] - Hut 8 Mining (HUT.US) dropped over 4.5% [1] - MicroStrategy (MSTR.US) decreased by more than 1.8% [1] Group 2: Ethereum-Related Stocks - Bitmine Immersion Technologies (BMNR.US) declined by over 5% [1] - SharpLink Gaming (SBET.US) fell nearly 6% [1] - Bit Digital (BTBT.US) also dropped more than 1.8% [1] Group 3: Cryptocurrency Exchanges and Stablecoins - Coinbase (COIN.US) saw a decline of over 4% [1] - Robinhood (HOOD.US) dropped by more than 6% [1] - Circle (CRCL.US), a leading stablecoin issuer, fell by over 7% [1]

Core Insights - BitMine is a leading Ethereum treasury company that is fully compliant with NYSE standards and was listed on July 8, 2025 [1] - The company can issue shares through its existing shelf registration without needing shareholder approval [1][2] - BitMine's operations focus on accumulating crypto for long-term investment, including Bitcoin mining and advisory services [3] Company Operations - BitMine operates in low-cost energy regions, specifically in Trinidad, Pecos, Texas, and Silverton, Texas [3] - The company engages in Bitcoin mining, synthetic Bitcoin mining, and offers advisory services to companies interested in earning Bitcoin-denominated revenues [3] Regulatory Environment - NASDAQ has increased scrutiny on crypto treasury companies, requiring shareholder approval for certain share issuances related to crypto [2] - BitMine is not affected by these NASDAQ requirements due to its existing NYSE approval and the completion of its PIPE transaction [3]