🔹 BitMine announced that it purchased 96,798 $ETH (~$272M) over the past week.
🔹 The company’s total Ethereum holdings have now reached 3.72M #ETH (≈ $10.48B).
💬 This move indicates that BitMine continues to follow a long-term Ethereum accumulation strategy. Despite market volatility, making such a large acquisition signals sustained institutional confidence. If the crypto market recovers, strategies like this may have strong potential to benefit from future cycles.
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🔹 BitMine announced that it purchased 96,798 $ETH (~$272M) over the past week.
🔹 The company’s total Ethereum holdings have now reached 3.72M #ETH (≈ $10.48B).
💬 This move indicates that BitMine continues to follow a long-term Ethereum accumulation strategy. Despite market volatility, making such a large acquisition signals sustained institutional confidence. If the crypto market recovers, strategies like this may have strong potential to benefit from future cycles.
⚠️ This is not investment advice.
#crypto #ethereum #ETH #blockchain #cryptonews