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Tom Lee Retweet: If Mr. Beast were to IPO in the future and experience significant growth, BMNR could see multiple-fold upside

2 hours ago

On February 11, MultiBit CEO @mmmikema tweeted that Beast Industries has acquired Step—a Gen Z-focused banking app—with BMNR holding a 4% stake in Beast Industries. He noted that if Mr. Beast (Beast Industries’ namesake) pursues an IPO down the line and sees meaningful growth, BMNR’s current ~$200 million investment could drive its stock price to multiply several times over its current level. The tweet also highlighted Fundstrat’s track record of early calls on “moonshot” companies like Palantir, Nvidia, and Tesla. It added that BMNR is expected to see more Ethereum (ETH)-related revenue ahead, positioning the firm to land 10 to 20 high-growth projects in the coming years. On a narrative front, the post frames BMNR as core infrastructure in the “Ethereum Super Cycle,” touting its potential to become a $1 trillion Ethereum infrastructure player and drawing parallels to the “Google of the future financial era.” To date, Tom Lee has only retweeted the post without additional comment. The market remains focused on BMNR’s long-term valuation potential and its Ethereum ecosystem footprint.
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Hyperliquid's largest ETH long position continues to add leverage, with longs now totaling $205 million

February 11: EmberCN monitoring shows that as ETH briefly dropped to ~$1,950, the largest ETH long position on Hyperliquid has added 5,000 ETH to its holdings. The position, initially opened with 105,000 ETH at an average price of $2,029-$2,060, is now down $10.43 million, with a total value of $205 million.

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Arkham: Trend Research, a subsidiary of Easylio, is bullish on Ethereum, resulting in a final loss of $869 million.

On February 11, Arkham officially released statistical data showing that Trend Research—a subsidiary of EasyLink—incurred a final loss of $869 million after liquidating its Ethereum holdings last Sunday. Its Ethereum long position, once valued at $2.1 billion, has now been fully cleared from its on-chain account. BlockBeats Note: Previously, several on-chain analysts estimated the loss to fall between $688 million and $734 million.

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Bank of England Teams Up with Multiple Companies for Distributed Ledger Settlement Trial

On February 11, the Bank of England officially launched its "Synchronisation Lab" pilot project—a six-month, non-real-funds experiment to test synchronizing central bank digital currency (CBDC) with tokenized assets for atomic settlement, aimed at modernizing the UK’s Real-Time Gross Settlement (RTGS) infrastructure. The central bank has selected 18 participating institutions, including major firms and fintechs like Chainlink, Swift, and LSEG. Chainlink will test a decentralized solution to enable synchronous settlement of CBDC and securities on a distributed ledger. Other participants will focus on diverse use cases: tokenized government bonds, conditional payments, collateral optimization, foreign exchange settlement, and digital currency issuance.

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CZ: Early Departure from the OKCoin System due to Cultural and Value Misalignment, Only 8 Months in Position

On February 11, Binance founder CZ joined Chamath Palihapitiya on the *All-In* podcast to share his early career experiences—including stints at Blockchain.info (now Blockchain.com) and OKCoin—along with his deep insights into the Bitcoin industry and value-driven choices from its early days. When joining Blockchain.info, CZ noted the team had just three people then, with him serving as VP of Technology. The team later grew to 18, but a CFO-led management restructuring shifted the corporate culture, prompting CZ and several developers to leave voluntarily. Key takeaways from his time there: learning remote work, getting paid in Bitcoin, and driving user growth to ~2 million via "guerrilla" marketing (like a 150-page post on BitcoinTalk.org). After leaving Blockchain.info, He Yi recruited CZ to OKCoin. The initial offer was a 5% equity stake, but BTC China countered with 10%—prompting OKCoin to match the offer within three hours. CZ ultimately joined OKCoin in Beijing as CTO, taki

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BNB Short-Term Dips Below $600

On February 11, per HTX market data, BNB briefly fell below $600, posting a 24-hour decline of 5.49%.

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Bitcoin Drops Below $67,000

On February 11, Bitcoin dropped below $67,000, down 3.19% over the past 24 hours, per HTX market data.

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