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World’s largest corporate ETH treasury just grew by 700% in 16 days!
In a stunning development that has sent shockwaves throughout the cryptocurrency market, BitMine Immersion Technologies has become the world’s largest corporate holder of Ethereum (ETH), with an astonishing surge of over $2.1 billion in ETH value in just 16 short days.
This remarkable growth is nothing short of spectacular, as it represents a staggering 700% increase from its initial $250 million private placement completed only two weeks ago. As the dust settles on this extraordinary event, one thing has become abundantly clear – institutional investors are no longer holding back when it comes to their Ethereum investments.
The sheer scale and speed of BitMine’s treasury expansion raises questions about the future trajectory of ETH’s price action.
Source: ambcrypto.com
