After the recent update, $BMNR announced they purchased 53,501 $ETH for an estimated $130 million.
They also added another $233 million to the cash pile on top of that $ETH purchase.
This means they raised roughly $363 million this past week, adding an estimated 15 million shares to the outstanding total.
My current estimated sharecount is now 611.3 million shares outstanding.
$BMNR bought back over 19 million shares when $BMNR was under $18. It then reissued them when the stock price was back over $22 and mNAV was back over 1.00.
Well done by the team.
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