Bitmine just confirmed it will use 100% of its net proceeds — a massive $177M — from ARK Invest’s $182M share acquisition to buy more $ETH 💥🟣
That’s not a typo — they’re going ALL IN on Ethereum for their treasury 📈🔥
Let’s break it down and look at what this means for the market 👇👇👇
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🧠 What’s Happening:
🔹 ARK Invest, led by Cathie Wood, just bought $182M worth of Bitmine shares — a major vote of confidence 🧠📊
🔹 Bitmine will now take $177M in net proceeds and immediately buy ETH to add to its corporate treasury 💼💎
This is one of the largest ETH treasury buys in 2025 so far — and it’s from a public company, not a DAO or fund.
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📊 Why This Matters:
1. Institutional ETH Demand Is Heating Up 🔥🏦
This shows ETH isn’t just for DeFi degens anymore — corporates and TradFi giants are now treating ETH like digital gold 🪙👑
2. ETH as a Treasury Asset = New Trend?
MicroStrategy did this with $BTC… now Bitmine is starting the ETH wave.
More firms might follow if this pays off 💰📈
3. ARK’s Bet = Long-Term Bull Signal 🧠🚀
ARK’s involvement makes this even more bullish — they’re known for tech-forward, high-conviction bets.
If Cathie’s crew is backing ETH, it’s worth watching 👀
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🔮 ETH Price Predictions:
✅ Short-Term:
If Bitmine begins deploying fast, ETH could retest $4,000 as momentum builds
Whale frontrunning might push it even past $4,100
✅ Mid-Term:
If more companies follow Bitmine’s playbook, ETH could hit $5,000–$6,200 before end of Q4 2025 💥
Treasury demand = strong floor = bullish continuation pattern 🧱📈
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🎯 Final Take:
This is NOT just another ETH buy…
This is institutional validation + corporate treasury adoption in one clean move 🧠🔥
And if the market sees this as the new norm, ETH could enter a supply squeeze — just like BTC did in early 2021 👀🔒
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💬 Would you hold ETH if it became a standard corporate treasury asset?
👇 Drop your thoughts
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