#CryptoMarket4T
📰 Major Institutional Moves & Market Rebound
Peter Thiel’s Founders Fund backs BitMine Immersion: Disclosure shows a 9.1% stake in the firm, which holds 163,142 ETH (~$500M worth), hinting at renewed institutional interest in Ethereum. BitMine shares surged ~30% on the news .
Ether-linked stocks jump as ETH hits 6-month high: On July 18, ETH reached $3,675.81 (six-month peak), prompting Ethereum-linked mining & investment firms, including BitMine and BTCS, to rally in pre‑market trading .
Bit Digital ramps up ETH holdings: The company raised $67.3M and bought nearly 20k ETH, bringing its treasury to ~120,000 ETH — among the largest public ETH treasuries .
