#MyStrategyEvolution 🚹💲Ethereum knocks on the doors of corporate treasuries... Is it pushing Bitcoin off the throne of strategic assets?
As major companies are restructuring their financial strategies around digital currencies, it seems that Bitcoin is no longer the sole option in the realm of institutional treasuries.
The surprise came from a small mining company called BitMine, which chose Ethereum instead of Bitcoin as its gravitational center in its treasury, raising a wide debate in Wall Street about whether Ethereum is the "most useful asset" for companies in the long term. For advertising services for crypto projects BitMine... a small company ignites a major controversy..... In a move that surprised the market, BitMine announced the establishment of an institutional treasury based on Ethereum instead of Bitcoin, thus becoming the largest listed company holding ETH. The result? Its stock value surged by over 1500% in just a few weeks.