📍BitMine & SharpLink raised nearly $1B ETH in 1 week — strengthening the Ethereum treasury model

📌 BitMine accumulated an additional 208,137 ETH (~$740M), raising its total reserves to 833,137 ETH (~$3B) — becoming the largest ETH holder globally. Long-term goal: to control 5% of the total ETH supply, completely pivoting from BTC to ETH.

📌 SharpLink spent $264.5M to acquire an additional 83,562 ETH, bringing total holdings to 521,939 ETH (~$2B). The ETH is staked to generate yield, and it has already received 929 ETH in staking rewards.

📌 Both are establishing a large-scale on-chain treasury strategy, using ETH as the core asset to optimize corporate cash flow and increase influence in Web3.