🚨 BitMine Just Crossed $3 Billion in ETH – What’s Going On?
📊 BitMine has officially entered whale territory! The company now holds a staggering 833,137 ETH, worth over $3 billion — thanks to a single-week purchase of 208,137 ETH. This comes amid a 6% ETH price rally, further fueling bullish sentiment. 🔥
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🧠 What’s the Play?
BitMine isn’t just holding — they’re going all in on Ethereum. Their bold goal? To stake 5% of the entire ETH supply. In just 5 weeks, they went from 0 to 833K ETH. 🏎️💨
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👥 Backed by Giants
The strategy is spearheaded by Tom Lee (Fundstrat) and Jonathan Bates, with serious backing from names like:
• 🧠 Bill Miller III
• 📈 ARK Invest
• 💼 Founders Fund
These aren’t your average investors — they’re betting big on ETH’s future.
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⚠️ Big Moves, Big Questions
With so much ETH under one roof, some are asking:
• What happens if ETH dips?
• Could BitMine gain too much influence via staking?
Still, the market seems to love it — and the ETH rally says it all. 🚀
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💬 Your Turn
Is BitMine’s strategy smart, risky… or both?
Will ETH staking dominance become a centralization concern?
Drop your thoughts 👇👇👇
