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Q: I got into crypto at the wrong time and am sitting on big losses in ETHA, BMNR, and IBIT in my taxable account. I want to harvest these capital losses. Can you recommend substitutes that move according to Ether and Bitcoin pricing to stay in the game before I can buy back after 30 days?
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BitMine Immersion Technologies Inc. (BMNR $30.48)
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Q: Hi team, I own all four of these stocks and would like to increase holdings in two of the four. which two would you add to now?
Thanks Dave
Thanks Dave
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iShares Ethereum Trust ETF (ETHA $22.48)
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BitMine Immersion Technologies Inc. (BMNR $30.48)
- $30.48 Cap: $9.79B
- View BMNR Profile
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Q: I am a bit confused with BMNR. I was under impression that this is a leveraged Etherium play, and expected the stock amplify the changes in Etherium price. However, when I look at the price changes for the past 2 months, as of today Nov 3, the ETHA is down 13% while BMNR is up 7% since September 1. Can you explain this anomaly please? Do I misunderstand the business model of BMNR?
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