soon there will me many companies competing for that position
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tldr; BitMine Immersion Technologies has acquired 373,110 ETH worth $1.7 billion in one week, bringing its total holdings to 1,523,373 ETH valued at $6.6 billion. This represents over 1% of Ethereum’s circulating supply, making BitMine the second-largest crypto treasury globally. The company plans to increase its stock offering by $20 billion to further expand its Ethereum holdings, aiming for 5% of the total ETH supply. This move reflects a strategic bet on Ethereum’s institutional growth and its role in the digital economy.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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That’s nice. Also, “There’s no second best”, M.Saylor – Microstrategy.
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soon there will me many companies competing for that position
tldr; BitMine Immersion Technologies has acquired 373,110 ETH worth $1.7 billion in one week, bringing its total holdings to 1,523,373 ETH valued at $6.6 billion. This represents over 1% of Ethereum’s circulating supply, making BitMine the second-largest crypto treasury globally. The company plans to increase its stock offering by $20 billion to further expand its Ethereum holdings, aiming for 5% of the total ETH supply. This move reflects a strategic bet on Ethereum’s institutional growth and its role in the digital economy.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
That’s nice. Also, “There’s no second best”, M.Saylor – Microstrategy.