Archive - Fugazi Research

BitMine $BMNR: From Bitcoin Miner to $1B ETH Treasury Mirage - A closer look at the $250m PIPE

A hyped Ethereum pivot, a celebrity Wall Street chairman and the same dilution machine humming away

Jul 9 •

Fugazi Research

June 2025

Sharplink Gaming $SBET: Ethereum Dream or Dilution Scheme?

Uncovering the red flags behind a micro-cap's ambitious pivot into cryptocurrency.

Jun 6 •

Fugazi Research

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts