Jul. 2 at 10:16 PM
$MATH #MATH #NASDAQ is closely linked to #Bitmain, #Antalpha, and #BitFufu, which dominate global #BTC mining. #Coinbase and #DeFi Tech benefit from being “brand names” in the #crypto equity universe.
#MATH, despite guidance of
$0.50+ EPS for FY Mar 2025 (implying 6x P/E), is still flying under the radar.
Assuming just 20x earnings multiple on
$0.50 EPS → Target Price =
$10/share
A more aggressive 30x EPS valuation (common for #DeFi Tech) →
$15/share
Current price: ~
$3, implying potential 5x upside. 🔚 Conclusion: Why #MATH May Be the Hidden Gem
✅ Best leverage to #BTC via the booming derivatives market (20–40x larger than spot).
✅ Strong institutional ties (#Bitmain, #Antalpha), insider understanding of miner behavior.
✅ Already profitable and growing.
#BTC bull run, #MATH could rerate rapidly, similar to how #Bitmine (#BMNR) spiked 1,200% after #ETH treasury strategy announcement.
Do your homework. Not investment advice.