Jeni learned: Bitmine @BitMNR has once again increased its holdings by 9,613 ETH, valued at 45 million dollars. It currently holds approximately 1.518 million $ETH, worth about 7.2 billion dollars.

This time, $BMNR's average purchase price is about $4,744. Chasing highs is the best way to catch bottoms! Last week, $ETH dropped to around $4,000, and everyone was mocking that it was close to the cost price of $BMNR, and now it's at an all-time high again.

In the future, these institutions should only continue to increase their holdings and will not consider selling. Only by increasing holdings can the stock price be raised; cashing out doesn't require selling $ETH, just selling stocks will do.

The success of $MSTR can be seen as opening up a new gameplay for the concept of cryptocurrency stocks, waiting for the third party to play it out beautifully with strategic reserves.