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🚨 BREAKING: BitMine Becomes the Largest $ETH Holder in the World
#BitMine Immersion (BMNR) now holds 833,137 ETH, worth over $2.9 billion, officially making it the largest Ethereum treasury globally.
In just 35 days, BitMine went from zero to this massive ETH holding, following a strategy launched on June 30th and completed by July 8th.
The company is now backed by top investors like:
🔹 Bill Miller III
🔹 Cathie Wood’s ARK
🔹 Founders Fund
🔹 Pantera Capital
🔹 Kraken
🔹 DCG
🔹 Galaxy Digital
BitMine aims to acquire 5% of all #Ethereum and is preparing to launch ETH staking, which could unlock even more profits.
With daily stock trading volume of $1.6 billion, #BMNR is now the 42nd most liquid stock in the US, just behind Uber.
This marks a major milestone in the rise of institutional Ethereum adoption.
#BitMine Immersion (BMNR) now holds 833,137 ETH, worth over $2.9 billion, officially making it the largest Ethereum treasury globally.
In just 35 days, BitMine went from zero to this massive ETH holding, following a strategy launched on June 30th and completed by July 8th.
The company is now backed by top investors like:
🔹 Bill Miller III
🔹 Cathie Wood’s ARK
🔹 Founders Fund
🔹 Pantera Capital
🔹 Kraken
🔹 DCG
🔹 Galaxy Digital
BitMine aims to acquire 5% of all #Ethereum and is preparing to launch ETH staking, which could unlock even more profits.
With daily stock trading volume of $1.6 billion, #BMNR is now the 42nd most liquid stock in the US, just behind Uber.
This marks a major milestone in the rise of institutional Ethereum adoption.
🎯 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
🚨 BitMine Just Crossed $3 Billion in ETH – What’s Going On?
📊 BitMine has officially entered whale territory! The company now holds a staggering 833,137 ETH, worth over $3 billion — thanks to a single-week purchase of 208,137 ETH. This comes amid a 6% ETH price rally, further fueling bullish sentiment. 🔥
⸻
🧠 What’s the Play?
BitMine isn’t just holding — they’re going all in on Ethereum. Their bold goal? To stake 5% of the entire ETH supply. In just 5 weeks, they went from 0 to 833K ETH. 🏎️💨
⸻
👥 Backed by Giants
The strategy is spearheaded by Tom Lee (Fundstrat) and Jonathan Bates, with serious backing from names like:
• 🧠 Bill Miller III
• 📈 ARK Invest
• 💼 Founders Fund
These aren’t your average investors — they’re betting big on ETH’s future.
⸻
⚠️ Big Moves, Big Questions
With so much ETH under one roof, some are asking:
• What happens if ETH dips?
• Could BitMine gain too much influence via staking?
Still, the market seems to love it — and the ETH rally says it all. 🚀
⸻
💬 Your Turn
Is BitMine’s strategy smart, risky… or both?
Will ETH staking dominance become a centralization concern?
Drop your thoughts 👇👇👇
#Ethereum #Bitmine #CryptoNewss #ETH
📊 BitMine has officially entered whale territory! The company now holds a staggering 833,137 ETH, worth over $3 billion — thanks to a single-week purchase of 208,137 ETH. This comes amid a 6% ETH price rally, further fueling bullish sentiment. 🔥
⸻
🧠 What’s the Play?
BitMine isn’t just holding — they’re going all in on Ethereum. Their bold goal? To stake 5% of the entire ETH supply. In just 5 weeks, they went from 0 to 833K ETH. 🏎️💨
⸻
👥 Backed by Giants
The strategy is spearheaded by Tom Lee (Fundstrat) and Jonathan Bates, with serious backing from names like:
• 🧠 Bill Miller III
• 📈 ARK Invest
• 💼 Founders Fund
These aren’t your average investors — they’re betting big on ETH’s future.
⸻
⚠️ Big Moves, Big Questions
With so much ETH under one roof, some are asking:
• What happens if ETH dips?
• Could BitMine gain too much influence via staking?
Still, the market seems to love it — and the ETH rally says it all. 🚀
⸻
💬 Your Turn
Is BitMine’s strategy smart, risky… or both?
Will ETH staking dominance become a centralization concern?
Drop your thoughts 👇👇👇
#Ethereum #Bitmine #CryptoNewss #ETH
RyanThomas:
who cares, blackrock start selling, lets gooo
#Ethereum Price Prediction: Can ETH Hold Above $3,600 — or Will BitMine’s $3B ETH Stack Slip Below the Line?
Ethereum is facing a crucial technical crossroads as it hovers just below the $3,687 resistance level. While recent price action has shown resilience, key indicators such as the MACD and RSI suggest weakening momentum and growing uncertainty in the short term.
Meanwhile, institutional confidence remains strong. BitMine Immersion Technologies, chaired by Tom Lee, has rapidly expanded its Ethereum treasury—adding over 208,000 ETH in the past week alone. This brings its total holdings to 833,137 ETH, now valued at more than $3 billion, positioning BitMine as the fourth-largest crypto treasury holder globally.
However, if Ethereum fails to break above resistance and begins to retrace toward the $3,469 or $3,352 support levels, BitMine’s ETH stack could drop below the $3 billion mark. With the broader market watching for signals from the Fed and potential August rallies, ETH’s next move could have significant implications not just for price, but for institutional treasuries and investor sentiment across the space.
#Bitmine $ETH
Read the full analysis: www.ecoinimist.com/2025/08/05/ethereum-price-prediction-bitmine-3-b
Ethereum is facing a crucial technical crossroads as it hovers just below the $3,687 resistance level. While recent price action has shown resilience, key indicators such as the MACD and RSI suggest weakening momentum and growing uncertainty in the short term.
Meanwhile, institutional confidence remains strong. BitMine Immersion Technologies, chaired by Tom Lee, has rapidly expanded its Ethereum treasury—adding over 208,000 ETH in the past week alone. This brings its total holdings to 833,137 ETH, now valued at more than $3 billion, positioning BitMine as the fourth-largest crypto treasury holder globally.
However, if Ethereum fails to break above resistance and begins to retrace toward the $3,469 or $3,352 support levels, BitMine’s ETH stack could drop below the $3 billion mark. With the broader market watching for signals from the Fed and potential August rallies, ETH’s next move could have significant implications not just for price, but for institutional treasuries and investor sentiment across the space.
#Bitmine $ETH
Read the full analysis: www.ecoinimist.com/2025/08/05/ethereum-price-prediction-bitmine-3-b
BitMine Becomes World's Largest ETH Holder — $3B Treasury Confirmed
🔥 Big news from BlockBeats: BitMine Chairman Thomas Lee has revealed that BMNR now holds 833,133 ETH, valued at over $3 billion.
That makes BitMine the largest Ethereum treasury on the planet, and the third-largest crypto treasury overall — a massive signal of conviction in $ETH ’s long-term value.
According to Lee, as Wall Street accelerates blockchain adoption and AI pushes tokenization of real-world robotic assets, Ethereum will remain a dominant macro trend for the next 10–15 years.
This isn’t just another ETH bet — it’s a strategic position for the future of programmable finance.
$ETH isn’t just a coin. It’s infrastructure.
#Ethereum #BitMine #ETH #CryptoTreasury #BlockchainFuture $ETH
That makes BitMine the largest Ethereum treasury on the planet, and the third-largest crypto treasury overall — a massive signal of conviction in $ETH ’s long-term value.
According to Lee, as Wall Street accelerates blockchain adoption and AI pushes tokenization of real-world robotic assets, Ethereum will remain a dominant macro trend for the next 10–15 years.
This isn’t just another ETH bet — it’s a strategic position for the future of programmable finance.
$ETH isn’t just a coin. It’s infrastructure.
#Ethereum #BitMine #ETH #CryptoTreasury #BlockchainFuture $ETH
BitMine Chairman Tom Lee says they now hold 833K $ETH nearly $3B worth!
📢 Largest ETH treasury in the world and 3rd largest crypto treasury overall.
#Bitmine #TomLee #MarketRebound #BTCReserveStrategy #ProjectCrypto
📢 Largest ETH treasury in the world and 3rd largest crypto treasury overall.
#Bitmine #TomLee #MarketRebound #BTCReserveStrategy #ProjectCrypto
🚨 BREAKING: BitMine Becomes the Largest $ETH Holder in the World
#Bitmine Immersion (BMNR) now holds 833,137 ETH, worth over $2.9 billion, officially making it the largest #Ethereum treasury globally.
In just 35 days, BitMine went from zero to this massive ETH holding, following a strategy launched on June 30th and completed by July 8th.
The company is now backed by top investors like:
🔹 Bill Miller III
🔹 Cathie Wood’s ARK
🔹 Founders Fund
🔹 Pantera Capital
🔹 Kraken
🔹 DCG
🔹 Galaxy Digital
BitMine aims to acquire 5% of all ETH and is preparing to launch ETH staking, which could unlock even more profits.
With daily stock trading volume of $1.6 billion, BMNR is now the 42nd most liquid stock in the US, just behind Uber.
This marks a major milestone in the rise of institutional Ethereum adoption.
#EthereumTurns10 #ETHReserves
#Bitmine Immersion (BMNR) now holds 833,137 ETH, worth over $2.9 billion, officially making it the largest #Ethereum treasury globally.
In just 35 days, BitMine went from zero to this massive ETH holding, following a strategy launched on June 30th and completed by July 8th.
The company is now backed by top investors like:
🔹 Bill Miller III
🔹 Cathie Wood’s ARK
🔹 Founders Fund
🔹 Pantera Capital
🔹 Kraken
🔹 DCG
🔹 Galaxy Digital
BitMine aims to acquire 5% of all ETH and is preparing to launch ETH staking, which could unlock even more profits.
With daily stock trading volume of $1.6 billion, BMNR is now the 42nd most liquid stock in the US, just behind Uber.
This marks a major milestone in the rise of institutional Ethereum adoption.
#EthereumTurns10 #ETHReserves
Wall Street Is Quietly Accumulating BTC & ETH, Says Tom Lee
Tom Lee of Fundstrat and chair at Bitmine reports institutional buying of Bitcoin and Ethereum is ramping up—quiet accumulation from legacy finance players. Bitmine even launched a $1B stock buyback to hold 5% of ETH supply. Lee maintains the market is in early stage institutional adoption, and models still project BTC to $250K if the Fed eases later this year.
Opinion: Smart money quietly positioning is bullish; investors should watch accumulation patterns closely.
❓Do you trust this trend or think it's manipulation?
#BTC #ETH #Bitmine #Fundstrat #crypto
Tom Lee of Fundstrat and chair at Bitmine reports institutional buying of Bitcoin and Ethereum is ramping up—quiet accumulation from legacy finance players. Bitmine even launched a $1B stock buyback to hold 5% of ETH supply. Lee maintains the market is in early stage institutional adoption, and models still project BTC to $250K if the Fed eases later this year.
Opinion: Smart money quietly positioning is bullish; investors should watch accumulation patterns closely.
❓Do you trust this trend or think it's manipulation?
#BTC #ETH #Bitmine #Fundstrat #crypto
Whale Moves, Market Shakes — But Is ETH Gearing Up for a Reversal? 🧠📉📈
Over the last 7 days, centralized exchanges (CEXs) have seen a massive net outflow of 641,600 ETH — a strong signal of shifting sentiment beneath the surface. 📊 Leading the charge? Coinbase Pro, accounting for 477,100 ETH, while Kraken surprisingly registered a +100,000 ETH inflow, signaling diverging strategies across platforms.
This liquidity exodus hit just as ETH slipped below the $3,450 level, amplifying bearish momentum. Whale wallets took advantage of the downturn, locking in $7.49 million in short positions, igniting market-wide pessimism. 😬
🚨 But here’s the deeper play:
While some institutions appear to be trimming exposure to manage macro risk, Bitmine's 625,000 ETH holdings reveal a contrasting narrative — long-term conviction remains intact. Institutions may be hedging, not exiting.
📉 What could flip the script?
A Federal Reserve rate cut. If monetary easing enters the scene, ETH has the potential to bounce back past $4,000, igniting renewed bullish momentum.
🔍 What You Can Do:
✅ Use this dip as a strategic accumulation window
✅ Follow on-chain data — whale flows, not headlines
✅ Prepare for volatility but focus on long-term fundamentals
📌 Smart money isn’t leaving — it’s rotating.
This isn't just about fear. It's risk management, positioning, and accumulation.
As always, don’t chase the pumps — build into the dips with clarity and control.
FOLLOW 👈🏻 🥺
#Ethereum #CryptoAnalysis #FederalReserve #OnChainData #Bitmine
Over the last 7 days, centralized exchanges (CEXs) have seen a massive net outflow of 641,600 ETH — a strong signal of shifting sentiment beneath the surface. 📊 Leading the charge? Coinbase Pro, accounting for 477,100 ETH, while Kraken surprisingly registered a +100,000 ETH inflow, signaling diverging strategies across platforms.
This liquidity exodus hit just as ETH slipped below the $3,450 level, amplifying bearish momentum. Whale wallets took advantage of the downturn, locking in $7.49 million in short positions, igniting market-wide pessimism. 😬
🚨 But here’s the deeper play:
While some institutions appear to be trimming exposure to manage macro risk, Bitmine's 625,000 ETH holdings reveal a contrasting narrative — long-term conviction remains intact. Institutions may be hedging, not exiting.
📉 What could flip the script?
A Federal Reserve rate cut. If monetary easing enters the scene, ETH has the potential to bounce back past $4,000, igniting renewed bullish momentum.
🔍 What You Can Do:
✅ Use this dip as a strategic accumulation window
✅ Follow on-chain data — whale flows, not headlines
✅ Prepare for volatility but focus on long-term fundamentals
📌 Smart money isn’t leaving — it’s rotating.
This isn't just about fear. It's risk management, positioning, and accumulation.
As always, don’t chase the pumps — build into the dips with clarity and control.
FOLLOW 👈🏻 🥺
#Ethereum #CryptoAnalysis #FederalReserve #OnChainData #Bitmine
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⚡️ #BitMine now owns #ETH totaling ~$3 billion.
#MarketRebound #TrumpTariffs #ETHCorporateReserves
$CFX
$ETH
$XRP
#MarketRebound #TrumpTariffs #ETHCorporateReserves
$CFX
$ETH
$XRP
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#Bitmine dominates the world of Treasuries of #Ethereum with 833,000 ETH valued at $2.9 Billion, aiming for 5% of the Supply
BitMine Immersion Technologies (BMNR), backed by Tom Lee, announced that its holdings of #ETH have reached 833,000 tokens, valued at over $3 billion, establishing itself as the largest public holder of Ethereum worldwide.
This update, revealed on Monday, comes less than two weeks after reporting 625,000 ETH and launching a $1 billion share buyback program, marking explosive growth since its treasury strategy began in June with a $250 million PIPE, which now exceeds $3 billion in ETH in just 35 days.
Surpassing SharpLink Gaming (480,000 ETH) and The Ether Machine (345,000 ETH), BitMine leads the corporate treasury niche, with ambitious plans to reach 5% of the Ethereum supply under the concept of "the 5% alchemy," while exploring staking to generate returns and value for shareholders.
This advancement could redefine institutional adoption of ETH.
#altcoins $ETH
BitMine Immersion Technologies (BMNR), backed by Tom Lee, announced that its holdings of #ETH have reached 833,000 tokens, valued at over $3 billion, establishing itself as the largest public holder of Ethereum worldwide.
This update, revealed on Monday, comes less than two weeks after reporting 625,000 ETH and launching a $1 billion share buyback program, marking explosive growth since its treasury strategy began in June with a $250 million PIPE, which now exceeds $3 billion in ETH in just 35 days.
Surpassing SharpLink Gaming (480,000 ETH) and The Ether Machine (345,000 ETH), BitMine leads the corporate treasury niche, with ambitious plans to reach 5% of the Ethereum supply under the concept of "the 5% alchemy," while exploring staking to generate returns and value for shareholders.
This advancement could redefine institutional adoption of ETH.
#altcoins $ETH
ARK Invest Just Dropped $15.3M on BitMine’s Ethereum Strategy Is This the Next BIG Crypto Move?
ARK Invest has just doubled down on its Ethereum bet, investing another $15.3M into BitMine Immersion a firm now controlling $2B in ETH and eyeing 5% of the entire ETH supply. But here’s the twist: Despite their massive ETH holdings, BitMine's stock has plummeted 8.9% from its peak. Is this the next major crypto power move or a risky gamble?
With Ethereum still dominating discussions in the crypto world, ARK Invest’s confidence in BitMine is setting the stage for a new wave of $ETH accumulation. But Binance, ETH, and BitMine — can they weather the storm, or is this just a bullish trend waiting to collapse?
Why This Matters for YOU:
Will ETH hit new highs and change the game?
Can BitMine become the next MicroStrategy for Ethereum?
ARK Invest: Brilliant vision or chasing hype?
The crypto world is watching. What’s your take?
Comment below is this move genius or a major risk?
Do you think ETH will take over Bitcoin in the long run?
#ETH #ARKInvest #BitMine #CryptoNews #thecryptoheadquarters
ARK Invest has just doubled down on its Ethereum bet, investing another $15.3M into BitMine Immersion a firm now controlling $2B in ETH and eyeing 5% of the entire ETH supply. But here’s the twist: Despite their massive ETH holdings, BitMine's stock has plummeted 8.9% from its peak. Is this the next major crypto power move or a risky gamble?
With Ethereum still dominating discussions in the crypto world, ARK Invest’s confidence in BitMine is setting the stage for a new wave of $ETH accumulation. But Binance, ETH, and BitMine — can they weather the storm, or is this just a bullish trend waiting to collapse?
Why This Matters for YOU:
Will ETH hit new highs and change the game?
Can BitMine become the next MicroStrategy for Ethereum?
ARK Invest: Brilliant vision or chasing hype?
The crypto world is watching. What’s your take?
Comment below is this move genius or a major risk?
Do you think ETH will take over Bitcoin in the long run?
#ETH #ARKInvest #BitMine #CryptoNews #thecryptoheadquarters
Feed-Creator-583fa548f:
Yes when was this though? These articles dont really mean anythibg when the date is missing.
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BitMine, the Ethereum treasury company, approves a $1 billion stock buyback
BitMine Immersion Technologies, the largest Ethereum treasury company, has just approved a plan to buy back up to $1 billion in common stock. This plan has no fixed deadline, allowing the company to conduct stock buybacks periodically to support its Ethereum accumulation strategy.
Ambitious goals and flexible strategy
President #Bitmine , Tom Lee, reaffirmed the company's goal of staking and holding 5% of the total Ethereum supply. With 625,000 ETH (worth about $2.4 billion) already owned, BitMine is currently the largest Ethereum holder among public companies.
According to Lee, stock buybacks will be conducted when this is the "best expected yield" for the company's capital, in the context of the strong growth in the value of Ethereum.
BitMine is one of many companies that have shifted towards accumulating #Ethereum in their treasury to boost stock prices. Other companies like SharpLink, BitDigital, and GameSquare are also pursuing similar strategies. The emergence of ETH treasuries has been associated with the rising price of Ethereum in recent weeks.
Although BitMine's stock closed at $32, down nearly 9% over the past month, it has still increased by as much as 357% since the beginning of 2025. This indicates that the market has great confidence in the company's long-term strategy. #anhbacong
BitMine Immersion Technologies, the largest Ethereum treasury company, has just approved a plan to buy back up to $1 billion in common stock. This plan has no fixed deadline, allowing the company to conduct stock buybacks periodically to support its Ethereum accumulation strategy.
Ambitious goals and flexible strategy
President #Bitmine , Tom Lee, reaffirmed the company's goal of staking and holding 5% of the total Ethereum supply. With 625,000 ETH (worth about $2.4 billion) already owned, BitMine is currently the largest Ethereum holder among public companies.
According to Lee, stock buybacks will be conducted when this is the "best expected yield" for the company's capital, in the context of the strong growth in the value of Ethereum.
BitMine is one of many companies that have shifted towards accumulating #Ethereum in their treasury to boost stock prices. Other companies like SharpLink, BitDigital, and GameSquare are also pursuing similar strategies. The emergence of ETH treasuries has been associated with the rising price of Ethereum in recent weeks.
Although BitMine's stock closed at $32, down nearly 9% over the past month, it has still increased by as much as 357% since the beginning of 2025. This indicates that the market has great confidence in the company's long-term strategy. #anhbacong
ARK Invest Makes a Play: BitMine Purchase & Stock Moves
Noted investor Cathie Wood's ARK Investment Management made some interesting crypto-related moves recently. Causing some waves, ARK bought into BitMine, a crypto mining data centre operator. The move comes as ARK sees potential in the energy-efficient operations of BitMine, an interesting development as mining continues to gain regulatory scrutiny.
But that's not all, they also sold off stocks of Coinbase and Robinhood, two popular crypto platforms. Instead, they appear to have shifted focus to Nvidia, a chipmaker with growing presence in the crypto world. This shift could indicate ARK's strategy to target the underlying tech driving crypto, rather than the platforms themselves.
It's an intriguing development and one that could signal a re-alignment of investor focus. With Wood's reputation as a tech and innovation hunter, this move may indicate a new direction for crypto-adjacent investing.
#crypto #ArkInvest #Bitmine #NVIDIA
$BTC
$ETH
Noted investor Cathie Wood's ARK Investment Management made some interesting crypto-related moves recently. Causing some waves, ARK bought into BitMine, a crypto mining data centre operator. The move comes as ARK sees potential in the energy-efficient operations of BitMine, an interesting development as mining continues to gain regulatory scrutiny.
But that's not all, they also sold off stocks of Coinbase and Robinhood, two popular crypto platforms. Instead, they appear to have shifted focus to Nvidia, a chipmaker with growing presence in the crypto world. This shift could indicate ARK's strategy to target the underlying tech driving crypto, rather than the platforms themselves.
It's an intriguing development and one that could signal a re-alignment of investor focus. With Wood's reputation as a tech and innovation hunter, this move may indicate a new direction for crypto-adjacent investing.
#crypto #ArkInvest #Bitmine #NVIDIA
$BTC
$ETH
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HIGHLIGHT 👉📈| Companies and institutional funds have already accumulated more than 2.7 million ETH as reserves, worth USD 10 billion. $ETH
Bitmine and SharpLink are leading this unprecedented trend. #Bitmine #SharplinkNews
📈 This wave of accumulation removes ETH from the market and puts upward pressure on its price. According to Standard Chartered, corporate treasuries could multiply their current holdings by ten. #Binance
Bitmine and SharpLink are leading this unprecedented trend. #Bitmine #SharplinkNews
📈 This wave of accumulation removes ETH from the market and puts upward pressure on its price. According to Standard Chartered, corporate treasuries could multiply their current holdings by ten. #Binance
🚨 Why Is Cathie Wood Quietly Accumulating This Ethereum Treasury Stock?
📊 In a strategic series of moves, Cathie Wood’s ARK Invest has acquired over 1 million shares of Bitmine Technologies (BMNR) across three flagship ETFs:
📌 ARK Innovation ETF (ARKK)
📌 ARK Next Generation Internet ETF (ARKW)
📌 ARK Fintech Innovation ETF (ARKF)
🔍 Why the growing interest?
➡️ Here’s what’s happening behind the scenes:
• Bitmine is now the largest corporate holder of Ethereum (ETH) — just added 58,224 ETH ($225M), pushing its total to 625,000 ETH
• The company is also backed by tech billionaire Peter Thiel, who recently invested $500M
• Bitmine just launched a $1 billion stock buyback program, designed to increase its crypto-assets-per-share ratio
• Despite recent 23% stock correction, BMNR is up 600% since its first ETH purchase on June 30
• NAV currently sits at $22.76/share, supported by $2.7B in crypto assets and $401M in unencumbered cash
🗣 Bitmine CEO Tom Lee:
“In our road to achieving ‘the alchemy of 5%’ of ETH, there may be times when the best expected return of our capital is to acquire our own shares.”
📈 With institutional capital flowing in and Ethereum's bull momentum building, Bitmine is positioning itself as a treasury-backed proxy for $ETH exposure — and ARK appears to be taking full notice.
#ARKInvest #Ethereum #Bitmine #DigitalAssets #Blockchain
https://coingape.com/cathie-wood-accumulating-ethereum-treasury-stock/?utm_source=bnb&utm_medium=coingape
📊 In a strategic series of moves, Cathie Wood’s ARK Invest has acquired over 1 million shares of Bitmine Technologies (BMNR) across three flagship ETFs:
📌 ARK Innovation ETF (ARKK)
📌 ARK Next Generation Internet ETF (ARKW)
📌 ARK Fintech Innovation ETF (ARKF)
🔍 Why the growing interest?
➡️ Here’s what’s happening behind the scenes:
• Bitmine is now the largest corporate holder of Ethereum (ETH) — just added 58,224 ETH ($225M), pushing its total to 625,000 ETH
• The company is also backed by tech billionaire Peter Thiel, who recently invested $500M
• Bitmine just launched a $1 billion stock buyback program, designed to increase its crypto-assets-per-share ratio
• Despite recent 23% stock correction, BMNR is up 600% since its first ETH purchase on June 30
• NAV currently sits at $22.76/share, supported by $2.7B in crypto assets and $401M in unencumbered cash
🗣 Bitmine CEO Tom Lee:
“In our road to achieving ‘the alchemy of 5%’ of ETH, there may be times when the best expected return of our capital is to acquire our own shares.”
📈 With institutional capital flowing in and Ethereum's bull momentum building, Bitmine is positioning itself as a treasury-backed proxy for $ETH exposure — and ARK appears to be taking full notice.
#ARKInvest #Ethereum #Bitmine #DigitalAssets #Blockchain
https://coingape.com/cathie-wood-accumulating-ethereum-treasury-stock/?utm_source=bnb&utm_medium=coingape
Corporate Ethereum Treasury Firms Accelerate Accumulation, Signaling Growing Institutional Interest
Ethereum Treasury Accumulation Trends
Corporate treasury firms have made significant strides in accumulating Ethereum ($ETH ), with 1% of the cryptocurrency's circulating supply now under institutional control. This surge in ETH acquisitions within a two-month period demonstrates a growing interest from institutions in Ethereum compared to Bitcoin. According to a report from Standard Chartered, treasury companies have purchased 1.26 million ETH since June, nearly matching the 2 million ETH acquired by spot exchange-traded funds during the same timeframe. #Bitmine Immersion Technologies, backed by Peter Thiel, stands as the largest corporate Ethereum holder, controlling 0.52% of the total supply, with plans to acquire up to 5% of #Ethereum .
Ethereum's Appeal to Institutions
Standard Chartered analysts highlighted Ethereum's structural advantages over Bitcoin treasuries, citing regulatory inefficiencies, staking rewards, and decentralized finance (#defi ) utility as key drivers for institutional demand. The report forecasts that strategic reserves of ETH could ultimately reach 10% of the total supply, representing a significant shift in institutional allocation. The price performance of Ethereum has also reflected this momentum, with the ETH/BTC ratio rising from 0.018 in April to 0.032 in July. The bank maintained its $4,000 year-end price target for ETH.
$ETH
Corporate treasury firms have made significant strides in accumulating Ethereum ($ETH ), with 1% of the cryptocurrency's circulating supply now under institutional control. This surge in ETH acquisitions within a two-month period demonstrates a growing interest from institutions in Ethereum compared to Bitcoin. According to a report from Standard Chartered, treasury companies have purchased 1.26 million ETH since June, nearly matching the 2 million ETH acquired by spot exchange-traded funds during the same timeframe. #Bitmine Immersion Technologies, backed by Peter Thiel, stands as the largest corporate Ethereum holder, controlling 0.52% of the total supply, with plans to acquire up to 5% of #Ethereum .
Ethereum's Appeal to Institutions
Standard Chartered analysts highlighted Ethereum's structural advantages over Bitcoin treasuries, citing regulatory inefficiencies, staking rewards, and decentralized finance (#defi ) utility as key drivers for institutional demand. The report forecasts that strategic reserves of ETH could ultimately reach 10% of the total supply, representing a significant shift in institutional allocation. The price performance of Ethereum has also reflected this momentum, with the ETH/BTC ratio rising from 0.018 in April to 0.032 in July. The bank maintained its $4,000 year-end price target for ETH.
$ETH
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