Lee has outlined the company’s ethereum strategy through monthly updates called “the alchemy of … · in a market hungry for crypto exposure, bmnrs ethereum-centric strategy offers a compelling—if perilous—way to bet on the next leg of blockchain adoption. · bitmine immersion technologies and the ether machine are two recent examples of companies adopting an ethereum treasury strategy. · 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. · crypto investor and entrepreneur ted pillows likened bitmine chairman tom lee to strategy ceo michael saylor, who oversaw the accumulation of the largest bitcoin corporate … · 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. · 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. · bitmine immersion technologies’ recent move to center its treasury strategy around ethereum is a notable, albeit risky, gamble that may redefine how crypto companies manage … Bitmine immersion technologies plans to issue up to $20 billion in new stock to purchase ethereum, aiming for 5% ownership of the global supply, … 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 … · bitmine ethereum purchase: · bitmine set a goal to acquire and stake up to 5% of the total ethereum supply.