Ethereum takes center stage as bitmine commits $250 million in crypto and cash to catapult into top eth holder ranks, redefining treasury strategy with institutional firepower. · bitmine, which said it ranks third among global crypto treasuries overall, following strategy (mstr) and mara holdings (mara), aims to acquire up to 5% of the total eth supply. · bitmine immersion technologies (bmnr) stunned the market with a meteoric one-day rally as investors cheered its bold new ethereum-focused treasury strategy. The company began its ether treasury strategy in late june, pivoting away from bitcoin mining, and has now become the largest ether holder among publicly disclosed treasuries, according to … · investors are loving it. · institutional buying is quietly driving crypto’s next leg up, with ether benefiting from wall street’s tokenization efforts and bitcoin seeing steady accumulation from traditional finance. Venture capitalist peter thiel, and more recently, cathie wood of ark invest, have invested in bitmine. · let’s take a straight look at bitmine (bmnr)s rise, tom lee’s ethereum roll of the dice, and why this matters for anyone watching the crypto sector. · with a 9. 1% stake from billionaire peter thiel—found through his venture capital firm, founders fund—bitmine is positioning itself as the ethereum analog to microstrategys bitcoin … · (eth), bmnr aims to capitalize on ethereums growing role as the backbone of the $250 billion stablecoin ecosystem. · bitmine immersion technologies, a publicly listed bitcoin miner, has made a strategic pivot, adopting ethereum’s native token, ether (eth), as its primary treasury asset. Lets dissect whether this “microstrategy of ethereum” has … This is the moment when … The stock is up over 480% year-to-date despite not being.