Recently, BitMine ETH Treasury announced two significant milestone achievements one month after the implementation of its strategy. First, the number of Ethereum currently held by BMNR has reached 833,137, which is approximately 2.95 billion dollars based on the current market capitalization. This scale of Ethereum open interest has attracted widespread attention in the industry.



At the same time, well-known investor Bill Miller III publicly stated that he has significantly increased his holdings in BMNR. This move not only reflects institutional investors' confidence in BMNR but may also provide certain support for its stock price.

The large amount of Ethereum assets held by BMNR, coupled with the ongoing attention from institutional investors, may have a positive impact on its future development. This strategy not only demonstrates the company's deep layout in the cryptocurrency field but also reflects the gradual shift in the attitude of traditional financial institutions towards blockchain assets.

As the cryptocurrency market continues to mature, strategies like BitMine ETH Treasury may attract more follow. However, investors should also be aware of the high volatility of the cryptocurrency market and exercise caution when making investment decisions.
ETH5.33%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
fomo_fightervip
· 3h ago
With so much accumulated, when will there be a bull run?
View OriginalReply0
AirdropHunterWangvip
· 3h ago
Bill is optimistic, elaborating on unfavourable information.
View OriginalReply0
TestnetNomadvip
· 3h ago
Coin Hoarding is a momentary pleasure
View OriginalReply0
PretendingToReadDocsvip
· 3h ago
What a load of nonsense, if there's a big crash later, it's my loss.
View OriginalReply0
GraphGuruvip
· 3h ago
Shark me, this ETH reserve amount
View OriginalReply0
DegenApeSurfervip
· 3h ago
Pros are all hoarding coins while I'm still slacking off.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)