
Dilution has to be timed and going all out for cheap ETH made the most sense On the original plan, he would have slowly diluted $BMNR over 5 years, blunting upward movement and reducing ATHs for a prolonged period of time With the adjustment, you get diluted massively in one go during a bear market when your stock is going to be down anyways because you're a risky play with affiliation to crypto. So if you're stocks going to go low, might as well make it go lower for the opportunity it opens of buying cheap ETH before it's too late. And then this opens opportunity for a bigger rally upward when bull market kicks in
