ETHEREUM INSTITUTIONAL ACCUMULATION FRENZY: BITMINE EXPANDS HOLDINGS WITH ANOTHER MASSIVE STRATEGIC ETH BUY
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✍️ Ethereum's price may be experiencing bearish pressure, but institutional investors, including corporate treasury firms, are accumulating the digital asset, with Bitmine Immersion Technologies Inc. making a massive strategic purchase.
👉 Bitmine Immersion Technologies Inc. makes a massive strategic purchase of over 104,336 ETH, valued at $417 million. 👉 Institutional investors, including corporate treasury firms, are accumulating Ethereum despite its waning price action. 👉 The cumulative supply of ETH held in treasuries and Spot Exchange-Traded Funds (ETFs) has reached 12.8 million ETH, worth a staggering $48.6 billion. 👉 Ethereum's treasuries and Spot ETFs now represent over 10% of the Ethereum supply.
-- #MichaelSaylor #ZYN #technology
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