Ethereum just turned 10, and while we’re debating whether ETH will break $4K, big players are already making moves.
BitMine just announced a massive $1B stock buyback and quietly added 58,224 ETH to its treasury, part of a bigger goal to control 5% of ETH’s total supply. Not to be outdone, SharpLink now holds 438,190 ETH, and both firms are exploring staking strategies for passive income. That says a lot about how institutional conviction is building, even during market volatility.
Personally, I’ve been tracking ETH since the DeFi summer days, but this shift from retail hype to corporate accumulation really hits different. I caught the ~$3,849 price action this week and took time to reflect. I use a few platforms for analysis, #bingx has been my go-to lately. It’s not just about price; it’s about structure, and their tools keep it simple for me. They’ve even been marking ETH’s 10-year milestone, which puts things in perspective.
Whether ETH breaks $4K soon or pulls back, the writing’s on the wall, ETH is now a strategic asset, not just a trading coin.
So, are we still early… or just at the start of a new kind of ETH cycle?