New developments continue to support the thesis that the upcoming bull run might be different from the previous ones.
Ether Machine, backed by Pantera Capital, has raised $1.5 billion for a company focused on the Ethereum ecosystem. Out of this total, $800 million will be used directly to purchase #Ethereum.
We’ve talked about this before.
Companies have started investing in major coins like $BTC, $ETH, and $BNB and they’re not hiding it. This transparency boosts institutional confidence in crypto and creates a positive ripple effect across the market.
Here’s what’s really happening 👇
As the coins these companies invest in increase in value, the companies themselves gain in valuation. With higher valuations, they raise more capital and expand their crypto positions.
Seeing this strategy work, more companies are joining the movement one by one. There’s growing anticipation of a snowball effect taking shape in the markets.