The news for ETH is increasingly bullish 🚀
🔍 Event Interpretation
BitMine ($BMNR) aims to be the “MicroStrategy of Ethereum,” massively accumulating ETH for its treasury.
It plans to raise $250 million for this purpose, which triggered a +400% surge in its stock.
This reinforces the institutional narrative that ETH is a strategic reserve asset, not just a gas token. #ETH🔥🔥🔥🔥🔥🔥