$ORCL surged after announcing a roadmap requiring far less external capital (debt and equity) - @Oracle stock rose 11% - Bitmine less than 40,000 $ETH away from 5% See the analogy 👀 Ethereum is the place for onchain finance

The best evidence to show Crypto is positively differentiating itself this cycle: - Bitmine's pfd perpetual $BMNP up 24% since launch June 2026 - US long-term bonds $TLT -8% - US investment grade $LQD -6% - US high-yield $HYG -3% Crypto credit outperforming fixed income = bullish $BMNR $ETH

2/ "Bitmine executed equity buybacks in the past week, acquiring 2.04 million shares, repurchased at an average price of $22.48.  ➡️When management believes Bitmine shares are relatively undervalued, the Company intends to accretively repurchase shares, subject to market conditions and under the existing repurchase authorization.  ➡️Optimizing shareholder value remains our top objective," continued Lee. In 2026, Bitmine has repurchased 22.9 million common shares, at an average price of $17.48 or an aggregate amount of $399.6 million. ➡️ "This is the largest crypto treasury company common equity buyback ever executed, and reflects our commitment to shareholders," stated Lee.

$BMNR ethereum:native Betting on @fundstrat "I think in the next crypto cycle it’s about tokenization, AI and compute. We have a big balance sheet. We could be leveraging opportunities there.“ "So I think after they reach their 5% alchemy goal, in around 4-6 weeks, they will announce a big new moonshot in one of these categories!"

🚨 TOM LEE ON $ETH ETHEREUM: "It has been around $2,700 for 5 years. The longer the base, the bigger the breakout." "Ethereum is massively undervalued." "This bull cycle I think it could easily be $25,000 to $50,000 per token."

TOM LEE SAYS BITMINE $BMNR EXECUTED THE LARGEST CRYPTO STOCK BUYBACK EVER He says the buyback helped establish a bottom in BitMine’s share price: - BitMine began buying back stock on July 14, near what Lee describes as the lows - The company repurchased 21 million shares for roughly $350 million - The buyback was completed on August 17 and, in Lee’s view, helped establish the low for $BMNR shares

2/ “We believe that as crypto enters a cycle we view as a bull market, what is notable is Bitmine’s share price outperformance of ETH during the bear market of 2025-2026. ➡️In the first 9 months of 2026, ETH declined 10% ➡️while BMNR was down by 3%, ➡️or outperformance of 731bp,” stated Thomas “Tom” Lee, Chairman of Bitmine @BitMNR .

2/ "Bitmine's total ETH holdings now exceed 6 million.  This is a tremendous achievement, accumulating this total in under 15 months.  We are already seeing the synergies and positive network effects from our accumulating nearly 5% of ETH total supply." stated Thomas "Tom" Lee, Chairman of Bitmine.

🧵 1/ BitMine provided its latest holdings update for September 28, 2026 $17.2 billion in total crypto + "moonshots": - 6,001,302 ETH at $2,698 per ETH (per @coinbase) - 213 Bitcoin (BTC) - $180 million stake in Beast Industries @MrBeast - $115 million stake in Eightco Holdings (NASDAQ:$ORBS) (“moonshots”) and - total cash and marketable securities of $672 million. Ticker: $BMNR common equity $BMNP 9.5% perpetual preferred, dividends paid weekly Chairman: Tom Lee @fundstrat Link ⛓️

5/ As of September 20, 2026, Bitmine total staked ETH stands at 5,067,309 ($13.6 billion at $2,688 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward would be $421 million on an annualized basis (using 2.62% 7-day BMNR yield)," stated Lee. "Annualized staking revenues are now projected at $357 million. And this 5.1 million ETH is 85% of the 5.96 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.62% (annualized)," continued Lee. Total staked $ETH by week: - 9/20/26: 5,067,309 ETH - 9/13/26: 5,067,309 ETH - 9/7/26: 5,067,309 ETH - 8/30/26: 5,067,309 ETH - 8/23/26: 5,067,309 ETH - 8/16 /26: 5,067,309 ETH - 8/9/26: 5,067,309 ETH - 8/2/26: 4,917,189 ETH - 7/26/26: 4,917,189 ETH - 7/19/26: 4,917,189 ETH - 7/12/26: 4,917,189 ETH - 7/5/26: 4,879,157 ETH - 6/28/26: 4,879,157 ETH - 6/21/26: 4,718,677 ETH - 6/14/26: 4,718,677 ETH - 6/7/26: 4,718,677 ETH - 5/31/26: 4,718,677 ETH - 5/25/26: 4,712,917 ETH - 5/17/26: 4,712,917 ETH - 5/10/26: 4,712,917 ETH - 5/2/26: 4,362,757 ETH - 4/26/26: 3,701,589 ETH - 4/19/26: 3,334,637 ETH - 4/12/26: 3,334,637 ETH - 4/5/26: 3,334,637 ETH - 3/29/26: 3,142,643 ETH - 3/22/26: 3,142,643 ETH - 3/15/26: 3,040,515 ETH - 3/8/26: 3,040,483 ETH - 3/1/26: 3,040,483 ETH - 2/23/26: 3,040,483 ETH - 2/17/26: 3,040,483 ETH - 2/8/26: 2,897,459 ETH - 2/1/26: 2,897,459 ETH - 1/26/26: 2,009,267 ETH - 1/19/26: 1,838,003 ETH - 1/11/26: 1,256,083 ETH - 1/4/26: 659,219 ETH - 12/28/24: 408,627 ET