---
title: "BMNR/SBET mNAV 测算跟踪"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/32690560.md"
description: "After the recent premium squeeze, around August 5th, BMNR and SBET successively updated their coin accumulation progress to 830,000 and 520,000 respectively. Previous extreme analysis suggested 15 and 30 as their respective interim bottoms, which was confirmed by yesterday's trend. With ETH fluctuating around 3600, both mNAVs rebounded to around 1.6. Another notable signal: on August 6th, BMNR saw two massive sell orders of 1 million and 1.7 million (34/37)..."
datetime: "2025-08-07T02:50:20.000Z"
locales:
  - [en](https://longbridge.com/en/topics/32690560.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/32690560.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/32690560.md)
author: "[lyhalfway](https://longbridge.com/en/profiles/3372973.md)"
---

# BMNR/SBET mNAV 测算跟踪

After the recent premium squeeze, around August 5th, BMNR and SBET successively updated their coin accumulation progress to 830,000 and 520,000, respectively. Previous extreme analysis suggested that 15 and 30 were their respective interim bottoms, and yesterday's trend confirmed this judgment. With ETH fluctuating around 3600, both mNAVs rebounded to around 1.6.

Another noteworthy development was on August 6th, when BMNR saw two massive sell orders of 1 million and 1.7 million (34/37) during the session, but the market quickly absorbed them and continued to rise to 38. In a recent interview, Tom Lee mentioned that BMNR's trading volume is currently very active, even surpassing Uber, reflecting growing investor interest in BMNR—a positive trend.

$BitMine Immersion Tech(BMNR.US) $Sharplink(SBET.US)

### Related Stocks

- [BMNR.US](https://longbridge.com/en/quote/BMNR.US.md)
- [SBET.US](https://longbridge.com/en/quote/SBET.US.md)

## Comments (27)

- **pocoyo · 2025-08-07T08:12:40.000Z**: I also built my own model to monitor P/NAV. May I ask where you get the real-time information on diluted shares first? Because the company sells shares, and the Sec documents are not updated in real time. Thank you.
  - **lyhalfway** (2025-08-07T08:27:22.000Z): This is data estimated by an influencer on X, roughly based on the announced ATM plan and real-time on-chain ETH purchases. The most accurate method is to use the weekly ETH concentration published by
  - **pocoyo** (2025-08-07T09:07:15.000Z): I see. The announced dilution plan should involve 136 million shares. This does not include the 45 billion USD ATM offering. Not 131 million. The specific number for the 45 billion offering has not be
  - **pocoyo** (2025-08-07T09:08:17.000Z): I was talking about BMNR
- **hohohaxi · 2025-08-07T08:12:40.000Z · 👍 1**: Love reading the analysis from the big brother 🤓
- **happyma · 2025-08-07T07:25:17.000Z**: Big shot, is the price of 38 a good entry point for bmnr? Or should we wait for a pullback to enter?
  - **lyhalfway** (2025-08-07T12:06:24.000Z): Cathie Wood's cost is around 35, for reference
- **一切如梦幻泡影～ · 2025-08-07T04:36:20.000Z · 👍 1**: Thanks ☕ Recently followed your articles and also made some profits on this BM. Recently, I lost on both Amb and coinbs earnings reports. Just hoping for stability now 😂 I read your articles carefully every day 📃 Grateful
- **Antik10 · 2025-08-07T03:39:12.000Z · 👍 1**: Brother, like the post before reading it 🫡
- **ferrycore · 2025-08-07T03:11:24.000Z**: A major issue with Longbridge is that it doesn't support sell call, which is a great opportunity to reduce costs.
  - **lyhalfway** (2025-08-07T03:15:08.000Z): Indeed@Longbridge小乔 When will the Sell call feature be available? Is it in the plan?
  - **ferrycore** (2025-08-07T03:16:51.000Z): Some popular tickers are supported, but bmnr and sbet are not. It's quite frustrating, haha.
  - **lyhalfway** (2025-08-07T03:17:59.000Z): BMNR's options trading has just been opened not long ago
- **股神小顾 · 2025-08-07T02:55:13.000Z · 👍 2**: The volatility of crypto and stocks is too high, and brokers don't support leverage. Holding on is really testing one's patience.
  - **lyhalfway** (2025-08-07T02:57:42.000Z): Don't add leverage when the volatility is already so high.
  - **小韭菜-卢克** (2025-08-07T02:58:16.000Z): Get on board
  - **知行合一再投资** (2025-08-07T02:59:59.000Z): High volatility doesn't really suit Guo Yu's style
- **知行合一再投资 · 2025-08-07T02:54:32.000Z**: Got it, the future is bright and worth looking forward to 😁