BitMine Holds $4.96B in Ethereum World’s Largest ETH Stash & 3rd Biggest Crypto Treasury! 🚀
aslam mu alakum, and hello every one how are you , hope you all will be happy and fine.
Today I read one very big news about Ethereum. BitMine now have Ethereum worth 4.96 billion dollar. This is the biggest ETH stash in the world. They are now number 3 in all crypto treasuries. This mean they hold so much ETH that only two other companies or groups have more in all crypto market.
This is good news for Ethereum lovers. When a big company hold so much ETH, it show they believe in its future. It also mean less ETH is in market for selling, so price can go higher if demand grow. Many investors can feel more safe to buy and hold ETH because they see big players trust it.
Such news give more confidence in whole crypto world. Not only Ethereum but other altcoins also can get benefit when ETH is strong.
Thank you so much and allah hafiz.