BitMine Says Strategy’s Digital Credit Capital Framework Could Boost Investor Confidence

BitMine, an Ethereum treasury company listed on the NYSE as BMNR, said Strategy’s previously announced “digital credit capital framework” strengthens the structural link between capital markets and Bitcoin and could increase investor confidence in Strategy’s approach. According to Foresight News, BitMine said investor concerns typically emerge mainly during periods when Bitcoin is falling. It argued that if Bitcoin were priced at $100,000, fewer investors would question the strategy, and said Strategy therefore needs to demonstrate it has sufficient capital to withstand downturn cycles. BitMine said raising the capital buffer to more than 26 months would be a prudent move. Based on its calculations using rolling 36-month periods since 2009, BitMine estimated the probability of Bitcoin generating negative returns is less than 0.8%, and said a 26-month reserve should be sufficient for Strategy to endure such volatility.