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Likes ReceivedI've also been researching MSTR recently, and the conclusion is that MSTR is a company with better fundamentals than BMNR, which is reflected in several aspects.
1. Leadership capability. Saylor's focus and deep understanding of BTC financing tools are stronger than Tom Lee's.
2. MSTR has a better and more diversified financing toolkit. This isn't achieved overnight; it requires product iteration and time to be validated before gaining recognition from institutional investors. BMNR is still very rudimentary.
3. In a downtrend cycle, BTC outperforms ETH, and capital flows to BTC first.
When will BMNR outperform MSTR? This depends on when the narrative of the ETH ecosystem can gain more consensus, and when ETH/BTC breaks out of the sideways trend and starts an uptrend, but this is somewhat difficult in a downtrend cycle.

$BitMine Immersion Tech(BMNR.US) I've been paying close attention to MSTR recently. During pullbacks, its decline was smaller than BMNR's, and during rallies, it outperformed BMNR. If choosing an investment target within crypto, is MSTR superior to BMNR? Seeking advice from Uncle Yaren, under what circumstances do you think BMNR's priority would be greater than MSTR's? @lyhalfway
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