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🚀 #Ethereum treasury shake up big players are stacking eth heavy 📊
in the last 30 days institutions have reshaped their eth strategy 👀
🥇 bitmine immersion tech bmnr now holding 1.87m eth worth 8b up 124
🥈 sharplink gaming sbet holding 837k eth worth 3.59b up 60
🥉 the ether machine ethm holding 495k eth worth 2.12b up 43
ethereum foundation holding 229.6k eth worth 984m down 1.3
ethzilla ethz holding 102.2k eth worth 438m up 24
fg nexus fgnx holding 48.4k eth worth 207m massive 656 surge 🚀🔥
institutions are clearly positioning for the next eth move do you think this signals a bullish trend ahead 🤔💎
#eth #bmnr #sbet #fgnx
in the last 30 days institutions have reshaped their eth strategy 👀
🥇 bitmine immersion tech bmnr now holding 1.87m eth worth 8b up 124
🥈 sharplink gaming sbet holding 837k eth worth 3.59b up 60
🥉 the ether machine ethm holding 495k eth worth 2.12b up 43
ethereum foundation holding 229.6k eth worth 984m down 1.3
ethzilla ethz holding 102.2k eth worth 438m up 24
fg nexus fgnx holding 48.4k eth worth 207m massive 656 surge 🚀🔥
institutions are clearly positioning for the next eth move do you think this signals a bullish trend ahead 🤔💎
#eth #bmnr #sbet #fgnx
🚀 Ethereum Treasury Shake-Up: Who’s Leading the Accumulation?
According to StrategicEthReserve data, several major institutions have reshaped their Ethereum strategies over the past 30 days:
Bitmine Immersion Tech (BMNR) 🥇
Holding 1.87M ETH (~$8.0B) | +124.1% growth
SharpLink Gaming (SBET)🥈
Holding 837K ETH (~$3.59B) | +60.4% growth
The Ether Machine (ETHM)🥉
Holding 495K ETH (~$2.12B) | +43.4% growth
Ethereum Foundation
Holding 229.6K ETH (~$984M) | -1.3% decline
ETHZilla (ETHZ)
Holding 102.2K ETH (~$438M) | +24.4% growth
FG Nexus (FGNX) 🚀
Holding 48.4K ETH (~$207M) | +656.9% surge
📊 These shifts highlight how institutions are positioning themselves for Ethereum’s next big move.
⚡ Do you think this wave of accumulation signals a bullish ETH trend ahead?
DYOR No Financial advice!
#ETH #SBET #ETHM #BMNR #CryptoNews
$ETH
According to StrategicEthReserve data, several major institutions have reshaped their Ethereum strategies over the past 30 days:
Bitmine Immersion Tech (BMNR) 🥇
Holding 1.87M ETH (~$8.0B) | +124.1% growth
SharpLink Gaming (SBET)🥈
Holding 837K ETH (~$3.59B) | +60.4% growth
The Ether Machine (ETHM)🥉
Holding 495K ETH (~$2.12B) | +43.4% growth
Ethereum Foundation
Holding 229.6K ETH (~$984M) | -1.3% decline
ETHZilla (ETHZ)
Holding 102.2K ETH (~$438M) | +24.4% growth
FG Nexus (FGNX) 🚀
Holding 48.4K ETH (~$207M) | +656.9% surge
📊 These shifts highlight how institutions are positioning themselves for Ethereum’s next big move.
⚡ Do you think this wave of accumulation signals a bullish ETH trend ahead?
DYOR No Financial advice!
#ETH #SBET #ETHM #BMNR #CryptoNews
$ETH
Cathie Wood's Ark Invest is doubling down on its crypto related investments. 🚀 The firm, a major player in disruptive innovation, just added another 388,045 shares of BitMine (#BMNR ) to its portfolio.
This latest acquisition brings Ark Invest's total holdings in the company to a massive $267 million, spread across its flagship ARKK, ARKF, and ARKW ETFs. This strategic move highlights Cathie Wood's continued conviction in companies at the forefront of the digital asset revolution.
BitMine, which is focused on building an Ethereum treasury, has seen its stock price soar this year, making it a key holding for Ark. This accumulation of shares is a strong signal that institutional interest in #blockchain and ether firms is growing. $BTC $XRP $ETH
This latest acquisition brings Ark Invest's total holdings in the company to a massive $267 million, spread across its flagship ARKK, ARKF, and ARKW ETFs. This strategic move highlights Cathie Wood's continued conviction in companies at the forefront of the digital asset revolution.
BitMine, which is focused on building an Ethereum treasury, has seen its stock price soar this year, making it a key holding for Ark. This accumulation of shares is a strong signal that institutional interest in #blockchain and ether firms is growing. $BTC $XRP $ETH
👉 Surge in ETH Holdings, Then a Dip — BMNR Reacts, What Should Traders Do?
BitMine recently bolstered its Ethereum treasury—adding nearly 190,000 ETH via its $20 billion capital raise—culminating in holdings worth over $8–9 billion. Yet, shares slid nearly 8% in the wake of Ethereum’s pullback below key levels around $4.6K.
Nevertheless, veteran investor Cathie Wood’s ARK Invest acquired over 339,000 BMNR shares across its ETFs, reaffirming long-term bullish conviction. This highlights a clear divergence between short-term price reaction and institutional positioning.
Want to pivot fast when crypto holdings get active? Convert $ETH or $SOL to $USDT instantly with Binance Convert and stay on the front foot.
#BMNR #CryptoTreasury #ETH #ArkInvest #writetoearn
BitMine recently bolstered its Ethereum treasury—adding nearly 190,000 ETH via its $20 billion capital raise—culminating in holdings worth over $8–9 billion. Yet, shares slid nearly 8% in the wake of Ethereum’s pullback below key levels around $4.6K.
Nevertheless, veteran investor Cathie Wood’s ARK Invest acquired over 339,000 BMNR shares across its ETFs, reaffirming long-term bullish conviction. This highlights a clear divergence between short-term price reaction and institutional positioning.
Want to pivot fast when crypto holdings get active? Convert $ETH or $SOL to $USDT instantly with Binance Convert and stay on the front foot.
#BMNR #CryptoTreasury #ETH #ArkInvest #writetoearn
😱💥 BREAKING NEWS 💥😱
🚀 ARK Invest just made a massive move — scooping up 339,113 more $BMNR shares!
📈 This isn’t just a buy…
👉 It’s a clear double-down strategy from Cathie & her team.
👉 The conviction is LOUD and CLEAR.
🔥 Cathie Wood isn’t playing safe — she’s betting BIG on $BMNR.
When ARK goes all-in, the market pays attention. 👀
⚡ Question is: Will $BMNR be the next breakout rocket in ARK’s portfolio? 🚀
#ARKInvest #CathieWood #BMNR #StockMarket #Investing
🚀 ARK Invest just made a massive move — scooping up 339,113 more $BMNR shares!
📈 This isn’t just a buy…
👉 It’s a clear double-down strategy from Cathie & her team.
👉 The conviction is LOUD and CLEAR.
🔥 Cathie Wood isn’t playing safe — she’s betting BIG on $BMNR.
When ARK goes all-in, the market pays attention. 👀
⚡ Question is: Will $BMNR be the next breakout rocket in ARK’s portfolio? 🚀
#ARKInvest #CathieWood #BMNR #StockMarket #Investing
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The day before yesterday, I was surprised to see Standard Chartered Bank also calling for bottom fishing. In their email to clients, they mentioned that they believe those microstrategy and ETF investors have only bought 4.9% of ETH, which is indeed quite low and far from their set target of 10%.
Upon closer inspection, the mNAV multiples of BMNR and SBET, the leaders in Ethereum microstrategy, are actually lower than that of the Bitcoin leader Strategy. This operation really left me stunned. It’s worth noting that these Ethereum assets can also earn an additional 3% staking yield, so logically, they should be valued higher.
Therefore, I still maintain the view that ETH can reach 7500 by the end of the year; this goal still feels quite reliable. At this position, there is indeed an opportunity for bottom fishing, especially seeing that even traditional financial institutions are starting to call for a bottom, indicating that market sentiment may have really reached a turning point.
#mNAV
#BMNR
#ETH走势分析 $ETH
Upon closer inspection, the mNAV multiples of BMNR and SBET, the leaders in Ethereum microstrategy, are actually lower than that of the Bitcoin leader Strategy. This operation really left me stunned. It’s worth noting that these Ethereum assets can also earn an additional 3% staking yield, so logically, they should be valued higher.
Therefore, I still maintain the view that ETH can reach 7500 by the end of the year; this goal still feels quite reliable. At this position, there is indeed an opportunity for bottom fishing, especially seeing that even traditional financial institutions are starting to call for a bottom, indicating that market sentiment may have really reached a turning point.
#mNAV
#BMNR
#ETH走势分析 $ETH
king-Moh:
6
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2025.7.29 On-chain Vision
Ethereum Edition: #Sharplink Down 70%, BMNR Plummets Again, Is It an Opportunity or a Pitfall?
Recently, the price pullback of #以太坊 has affected two important treasury projects in its ecosystem: Sharplink and #BMNR
The current price has dropped back to around 20 USD, #BMNR 11%, and further declined by 15% in after-hours trading.
The reason for the decline of BMNR is similar to the previous situation with Sharplink: both submitted prospectuses and plan to conduct PIPE (private investment in public equity) operations. Historical experience tells us that each time PIPE is done, stock prices almost always face significant pressure.
For example, after Sharplink disclosed its PIPE, the stock price plummeted by 60-70%, almost heading towards zero. However, this time the decline of BMNR is relatively “mild”, currently down only 15%, making the situation appear manageable.
Whenever $PIPE is involved, it can easily trigger fluctuations in market sentiment, so it is advisable to observe BMNR's trend after the US stock market opens tomorrow for a more prudent approach.
From the valuation indicators, Sharplink's NAV (Market Value Relative to Net Assets) has also dropped to a lower position. BMNR's MNAV has fallen to about 1.8%, and with the after-hours decline, it may drop to 1.6%; Sharplink's MNAV is also around 1.7%.
#MNAV below 2 usually indicates that these assets' stock prices may have some rebound potential. Of course, this is just a reference indicator and cannot be the sole basis for decision-making; it still needs to be evaluated in conjunction with market sentiment, technical aspects, and fundamentals.
Returning to the overall market, yesterday's Ethereum surge and subsequent pullback indeed impacted the entire market's confidence. Especially in the morning, when ETH drove a wave of increases, almost all altcoins surged significantly. The #DeFi sector exploded overall, with UNI briefly breaking 11 USD, and #ENA also surging past 0.7 USD, reaching a new high for the year.
But the good times didn't last long; with #ETH's pullback, these strong coins also experienced significant declines from their highs. This once again confirms an old logic in the crypto space: “Everything originates from Ethereum.” As long as #ETH performs weakly, the entire ecosystem will be affected.
Currently, market volatility is expected to continue, especially considering the dual impact of #Sharplink policy, caution is still needed in the short term.
Ethereum Edition: #Sharplink Down 70%, BMNR Plummets Again, Is It an Opportunity or a Pitfall?
Recently, the price pullback of #以太坊 has affected two important treasury projects in its ecosystem: Sharplink and #BMNR
The current price has dropped back to around 20 USD, #BMNR 11%, and further declined by 15% in after-hours trading.
The reason for the decline of BMNR is similar to the previous situation with Sharplink: both submitted prospectuses and plan to conduct PIPE (private investment in public equity) operations. Historical experience tells us that each time PIPE is done, stock prices almost always face significant pressure.
For example, after Sharplink disclosed its PIPE, the stock price plummeted by 60-70%, almost heading towards zero. However, this time the decline of BMNR is relatively “mild”, currently down only 15%, making the situation appear manageable.
Whenever $PIPE is involved, it can easily trigger fluctuations in market sentiment, so it is advisable to observe BMNR's trend after the US stock market opens tomorrow for a more prudent approach.
From the valuation indicators, Sharplink's NAV (Market Value Relative to Net Assets) has also dropped to a lower position. BMNR's MNAV has fallen to about 1.8%, and with the after-hours decline, it may drop to 1.6%; Sharplink's MNAV is also around 1.7%.
#MNAV below 2 usually indicates that these assets' stock prices may have some rebound potential. Of course, this is just a reference indicator and cannot be the sole basis for decision-making; it still needs to be evaluated in conjunction with market sentiment, technical aspects, and fundamentals.
Returning to the overall market, yesterday's Ethereum surge and subsequent pullback indeed impacted the entire market's confidence. Especially in the morning, when ETH drove a wave of increases, almost all altcoins surged significantly. The #DeFi sector exploded overall, with UNI briefly breaking 11 USD, and #ENA also surging past 0.7 USD, reaching a new high for the year.
But the good times didn't last long; with #ETH's pullback, these strong coins also experienced significant declines from their highs. This once again confirms an old logic in the crypto space: “Everything originates from Ethereum.” As long as #ETH performs weakly, the entire ecosystem will be affected.
Currently, market volatility is expected to continue, especially considering the dual impact of #Sharplink policy, caution is still needed in the short term.
🚨 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.
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SBET vs. BMNR: The Battle for Ethereum Treasury, Who Comes Out on Top?
The trend of Ethereum as corporate treasury assets sweeps the market, with SharpLink Gaming (SBET) and Bitmine Immersion Technologies (BMNR) emerging as leaders in this field. Both have their strengths in treasury strategies, reserve amounts, underlying capital, and leader backgrounds.
Treasury Strategy: SBET is stable, BMNR is aggressive.
SBET raises funds through PIPE and ATM issuance, steadily purchasing ETH and using 100% for staking, obtaining an annualized return of 4-5%, balancing ecological support and stable returns.
BMNR, on the other hand, adopts a more aggressive strategy, starting ETH accumulation in June 2025, holding 833,137 ETH (approximately $2.9 billion) in just 35 days, aiming to stake 5% of Ethereum's circulating supply, attempting to create a 'central bank of the Ethereum era.' However, its staking plan has yet to be clarified, and the strategy leans more towards speculation.
Treasury Strategy: SBET is stable, BMNR is aggressive.
SBET raises funds through PIPE and ATM issuance, steadily purchasing ETH and using 100% for staking, obtaining an annualized return of 4-5%, balancing ecological support and stable returns.
BMNR, on the other hand, adopts a more aggressive strategy, starting ETH accumulation in June 2025, holding 833,137 ETH (approximately $2.9 billion) in just 35 days, aiming to stake 5% of Ethereum's circulating supply, attempting to create a 'central bank of the Ethereum era.' However, its staking plan has yet to be clarified, and the strategy leans more towards speculation.
See original
BitMine @BitMNR will distribute up to $20 billion in stock to the secondary market for fundraising, essentially diluting the value of the stocks held by users through the issuance of new shares to buy Ethereum.
For value investors, the normal operation should be to buy Ethereum instead of buying $bmnr. I have sold the remaining principal of my $bmnr, and currently hold the coins at zero cost, letting the profits soar. Ethereum $ETH spot still held.
#ETH #BMNR #ETH突破4400 #机构疯抢以太坊
For value investors, the normal operation should be to buy Ethereum instead of buying $bmnr. I have sold the remaining principal of my $bmnr, and currently hold the coins at zero cost, letting the profits soar. Ethereum $ETH spot still held.
#ETH #BMNR #ETH突破4400 #机构疯抢以太坊
REMINDER:
Tom Lee’s Bitmine $BMNRhas just become the first $ETH treasury to surpass 1 million.
#ETH4500Next? #BMNR
Tom Lee’s Bitmine $BMNRhas just become the first $ETH treasury to surpass 1 million.
#ETH4500Next? #BMNR
🎯 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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律动BlockBeats
--
The number of ETH on centralized trading platforms has fallen to a new low in 9 years, Tom Lee says that the last time it was at a similar low, ETH rose from $30 to $1,500
BlockBeats news, on August 19, according to Cointelegraph, the number of ETH on centralized trading platforms has fallen to a new low in 9 years. Tom Lee, the new chairman of BitMine, stated that the last time the ETH balance was at such a low level, the price of ETH was $30, which then rose to $1,500.
See original
Why have so many people been bearish on Ethereum in recent days?
Those who are bearish on Ethereum have been looking at the data in the chart below these days.
12,880 ETH are waiting to be staked to become Ethereum validators, with a queue time of 5 days.
28,900 ETH are currently waiting to be unstaked, exiting their Ethereum validator status, with a wait time of 15 days and 11 hours.
🔴 Since Ethereum merged its mainnet with the Beacon Chain on September 15, 2022, completing the transition from Proof of Work (PoW) to Proof of Stake (PoS), it has officially bid farewell to the PoW mining mechanism and fully entered the PoS consensus mechanism.
12,880 ETH are waiting to be staked to become Ethereum validators, with a queue time of 5 days.
28,900 ETH are currently waiting to be unstaked, exiting their Ethereum validator status, with a wait time of 15 days and 11 hours.
🔴 Since Ethereum merged its mainnet with the Beacon Chain on September 15, 2022, completing the transition from Proof of Work (PoW) to Proof of Stake (PoS), it has officially bid farewell to the PoW mining mechanism and fully entered the PoS consensus mechanism.
#Investing" #BMNR
🚨 Peter Thiel-linked entities have snapped up a 9.1% stake in Ethereum treasury firm BitMine Immersion (BMNR), owning over 5M shares, per an SEC filing. 📈
BitMine, which pivoted from Bitcoin mining to holding ~$500M in $ETH , saw its stock soar 400% since adopting this strategy in June. The move mirrors Michael Saylor’s playbook, boosting shareholder value while supporting Ethereum’s decentralization. 💪
BMNR shares jumped 27% in pre-market trading today. Thiel’s Founders Fund has long backed crypto, recently filing for a U.S. IPO with Bullish, a Thiel-supported exchange. 🤑
More companies are piling into crypto treasuries (ETH, BTC, $SOL , $XRP ) as the market surges. Fundstrat’s Tom Lee, BitMine’s acting chairman, is steering the shift. 🌙
🚨 Peter Thiel-linked entities have snapped up a 9.1% stake in Ethereum treasury firm BitMine Immersion (BMNR), owning over 5M shares, per an SEC filing. 📈
BitMine, which pivoted from Bitcoin mining to holding ~$500M in $ETH , saw its stock soar 400% since adopting this strategy in June. The move mirrors Michael Saylor’s playbook, boosting shareholder value while supporting Ethereum’s decentralization. 💪
BMNR shares jumped 27% in pre-market trading today. Thiel’s Founders Fund has long backed crypto, recently filing for a U.S. IPO with Bullish, a Thiel-supported exchange. 🤑
More companies are piling into crypto treasuries (ETH, BTC, $SOL , $XRP ) as the market surges. Fundstrat’s Tom Lee, BitMine’s acting chairman, is steering the shift. 🌙
🚨 CRYPTO SHOCKWAVE! 🚨
Tom Lee’s $BMNR Ethereum Treasury just secured a staggering $1+ BILLION in ETH! 💥💸
This isn’t just a move — it’s a statement.
A major leap forward for Ethereum-backed institutions and the evolving DeFi landscape. 🌐🚀
The future of crypto treasuries is here — and $BMNR is setting the tone.
#BMNR #Ethereum #CryptoNews #BlockchainRevolution #ETHPower #TomLee #DeFi #EthereumTreasury $ETH
$XRP
$SOL
Tom Lee’s $BMNR Ethereum Treasury just secured a staggering $1+ BILLION in ETH! 💥💸
This isn’t just a move — it’s a statement.
A major leap forward for Ethereum-backed institutions and the evolving DeFi landscape. 🌐🚀
The future of crypto treasuries is here — and $BMNR is setting the tone.
#BMNR #Ethereum #CryptoNews #BlockchainRevolution #ETHPower #TomLee #DeFi #EthereumTreasury $ETH
$XRP
$SOL
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#Strategy增持比特币 I personally do not have a good outlook on #BTC , MicroStrategy's bond issuance to buy coins, the side effect of driving up coin prices is to lock liquidity.
While #BMNR buys ETH, which has staking POS rewards and can continue to develop.
While #BMNR buys ETH, which has staking POS rewards and can continue to develop.
🚨 Peter Thiel Makes Bold Bet on Ethereum Treasury Firm Bitmine – BMNR Stock Soars 12%
🚀 In a major endorsement of Ethereum's growing role in institutional finance, Peter Thiel—tech billionaire and PayPal co-founder—has acquired a 9.1% stake in BitMine Immersion Technologies (NYSE: BMNR).
🔹 Bitmine recently made headlines after acquiring $500M worth of ETH, signaling a strong pivot into Ethereum treasury strategy.
🔹 Thiel's move is a powerful vote of confidence in both Ethereum as a long-term asset and Bitmine’s role in shaping next-gen digital finance.
🔹 The market responded quickly—BMNR stock surged 12.54% in after-hours trading.
💡 This could mark a new era of crypto-native treasury management and increased institutional participation in Ethereum.
📊 Is this the beginning of mainstream Ethereum treasury adoption?
#Ethereum #PeterThiel #Bitmine #BMNR #Crypto
https://coingape.com/peter-thiel-backs-500m-ethereum-treasury-company-bitmine-bmnr-stock-shoots-12/?utm_source=bnb&utm_medium=coingape
🚀 In a major endorsement of Ethereum's growing role in institutional finance, Peter Thiel—tech billionaire and PayPal co-founder—has acquired a 9.1% stake in BitMine Immersion Technologies (NYSE: BMNR).
🔹 Bitmine recently made headlines after acquiring $500M worth of ETH, signaling a strong pivot into Ethereum treasury strategy.
🔹 Thiel's move is a powerful vote of confidence in both Ethereum as a long-term asset and Bitmine’s role in shaping next-gen digital finance.
🔹 The market responded quickly—BMNR stock surged 12.54% in after-hours trading.
💡 This could mark a new era of crypto-native treasury management and increased institutional participation in Ethereum.
📊 Is this the beginning of mainstream Ethereum treasury adoption?
#Ethereum #PeterThiel #Bitmine #BMNR #Crypto
https://coingape.com/peter-thiel-backs-500m-ethereum-treasury-company-bitmine-bmnr-stock-shoots-12/?utm_source=bnb&utm_medium=coingape
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