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🎯 BitMine Immersion Acquires Over 5% of Total ETH Supply!
In a bold and unprecedented move, BitMine Immersion has acquired 833,137 ETH, valued at over $2.95 billion, in just 35 days — making it the largest ETH holder among corporate treasuries, second only to MicroStrategy and Marathon Blockchain in total crypto treasury size.
🚀 Two Major Milestones in Just One Month:
ETH Treasury Strategy launched on June 30 and closed July 8.
5% of the total circulating ETH supply now under BitMine's control.
High-profile investor Bill Miller III has taken a major stake in BitMine.
🧠 Why This Matters:
“BitMine moved with lightning speed to achieve what it calls the ‘Alchemy of 5%’,” said Thomas Lee, co-founder of Fundstrat.
⚡ BitMine’s stock (BMNR) is now one of the most actively traded equities in the U.S., with a 5-day average daily volume of $1.6 billion, ranking just behind Uber Technologies.
💸 What’s Next?
Investor Bill Miller believes BitMine will become significantly more profitable once ETH staking is activated, unlocking a powerful long-term yield stream.
📊 Market Trends:
6.73% of all ETH (~8.12M ETH) is now held by corporations and ETFs.
Strategic Ethereum reserves total 2.33M ETH, worth over $8.9B, involving 65 institutional participants.
Corporate accumulation has accelerated sharply since late June.
🔍 Can BitMine Sustain the Momentum?
BitMine has made a powerful statement in the Ethereum ecosystem, but the real test lies ahead in market conditions and execution of its staking plans.
👇 What do you think? Is ETH still a smart long-term play?
#BitMine #cryptouniverseofficial #BinanceSquare #CryptoTreasury #BMNR
In a bold and unprecedented move, BitMine Immersion has acquired 833,137 ETH, valued at over $2.95 billion, in just 35 days — making it the largest ETH holder among corporate treasuries, second only to MicroStrategy and Marathon Blockchain in total crypto treasury size.
🚀 Two Major Milestones in Just One Month:
ETH Treasury Strategy launched on June 30 and closed July 8.
5% of the total circulating ETH supply now under BitMine's control.
High-profile investor Bill Miller III has taken a major stake in BitMine.
🧠 Why This Matters:
“BitMine moved with lightning speed to achieve what it calls the ‘Alchemy of 5%’,” said Thomas Lee, co-founder of Fundstrat.
⚡ BitMine’s stock (BMNR) is now one of the most actively traded equities in the U.S., with a 5-day average daily volume of $1.6 billion, ranking just behind Uber Technologies.
💸 What’s Next?
Investor Bill Miller believes BitMine will become significantly more profitable once ETH staking is activated, unlocking a powerful long-term yield stream.
📊 Market Trends:
6.73% of all ETH (~8.12M ETH) is now held by corporations and ETFs.
Strategic Ethereum reserves total 2.33M ETH, worth over $8.9B, involving 65 institutional participants.
Corporate accumulation has accelerated sharply since late June.
🔍 Can BitMine Sustain the Momentum?
BitMine has made a powerful statement in the Ethereum ecosystem, but the real test lies ahead in market conditions and execution of its staking plans.
👇 What do you think? Is ETH still a smart long-term play?
#BitMine #cryptouniverseofficial #BinanceSquare #CryptoTreasury #BMNR
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