Is ETH welcoming another MicroStrategy?
Bitcoin mining company Bit Digital raises $150 million to purchase Ethereum, terminating its Bitcoin mining operations to fully shift towards Ethereum staking and reserves!
What are the Ethereum versions of MicroStrategy:
SharpLink Gaming is described as the 'Ethereum version of MicroStrategy.' The company announced it has increased its holdings of Ethereum, holding 188,478 ETH as of June 20, and has added 12,207 ETH at an average price of $2,513 between June 16 and 20, with a total investment of over $30.67 million. This strategy is similar to MicroStrategy's approach of enhancing company value through continuous Bitcoin purchases.
EthStrategy (decentralized attempt) is mentioned as a project that attempts to build an 'Ethereum version of the MicroStrategy playbook,' aiming to be completely on-chain, decentralized, DeFi-native, and open to everyone. Although this is an emerging project, its vision has similarities to MicroStrategy's Bitcoin strategy, attempting to achieve a similar influence through the Ethereum ecosystem.
Looking forward to ETH MicroStrategy playing a greater role, stabilizing the morale
