🚀 Shocking! Giants have splashed $460 million to acquire 176,000 ETH, igniting a new storm for Ethereum!
A massive entry of 176,270 ETH, valued at up to $462.9 million, has instantly made them the world's second-largest public holder of Ethereum, second only to the Ethereum Foundation! Astonishingly, 95% of this batch of coins has already been staked, not only contributing to the security of the Ethereum network but also earning substantial passive income!
Behind this huge acquisition is a major strategic transformation for the company — positioning ETH as "programmable, income-generating digital capital". CEO Rob Phythian praises its practical value far exceeding that of Bitcoin, stating this is a new direction for institutional asset allocation! As U.S. regulations become clearer, institutional investment is accelerating, and the market is charged with intensity.
Ethereum co-founder Joseph Lubin supports this move, calling it a "significant breakthrough in institutional crypto strategy," which may accelerate ETH's deep penetration in the financial and digital infrastructure sectors!
Although the stock price soared 400% after the May 27 earnings report, a 73% post-market crash triggered by a misreading of SEC documents led the company to quickly clarify that this was merely procedural, and their long-term strategy remains rock solid.
In comparison with industry giants: the Ethereum Foundation holds 214,000 ETH, and BlackRock custodies 1.7 million ETH (client assets). This enormous layout undoubtedly opens a new chapter for the future of ETH; investors must not miss this whale signal! 🔥
