#ETHTreasuryStrategy 🚀 Ethereum surges to $4,400! BitMine accelerates stock offering plan to $24.5B to accumulate ETH significantly.

📈 Ethereum (ETH) today is not ordinary, as the price has increased to $4,412.40 after BitMine Immersion Technologies announced the expansion of its stock offering from $2.5B → $24.5B to fund purchases and accumulate Treasury assets significantly.

💡 ETH price update today

• BitMine Stock Offering expands 10 times – increasing fundraising target to another $20B under the latest SEC Prospectus Supplement.

• Target investment fund – proceeds will be used for:

• Buy ETH to increase reserve assets.

• Expanding operational activities.

• Invest in infrastructure.

• Joint lead underwriters – ThinkEquity and Cantor Fitzgerald are the selling agents.

📊 Overall ETH price chart

Increased +4.46% in 24 hours (+$188.30 from the previous close of $4,224.10)

+18.49% in 7 days

+49.75% in 30 days

+72.52% over 1 year

🏦 BitMine holds ETH at the level of “high valuation”

Currently holding 1.15 million ETH (~$5B).

Compared to last month, approximately 625,000 ETH.

BMNR stocks increased by +9% today and surged +634% YTD.

This makes BitMine a leader in the group of companies that hold the most ETH.

Other major players in the Treasury ETH space include: SharpLink Gaming and Bit Digital.

🔍 Analysis perspective

The expansion of the fundraising this time reflects that BitMine sees ETH as a strategic asset that will create both value and roles in the digital economy.

If the fundraising is successful and ETH is purchased, the price is likely to be pushed up from the Demand side.

Investors should keep an eye on the response of the BMNR stock market, as it will be a strong signal of investor confidence in this strategy.

ETH accumulation by large-cap companies may lead to Ethereum being transformed into a “Digital Bond” or “Digital Gold” for institutions.

📌 Summary

BitMine is currently establishing a narrative that “

#Bitmine #ETHTreasuryStrategy $ETH

ETH

4,621.93

+7.19%