Crypto Corporate Strategies: Lessons from BitMine’s Ethereum Grab
In the rapidly changing world of cryptocurrency, corporate strategies are becoming increasingly important. BitMine’s bold move to grab a whopping 5% of Ethereum’s total supply turns them into a notable player and raises key questions about market dynamics and regulatory oversight. Let’s take a closer look at what this means for crypto treasury management and startups trying to keep up with the pace of this industry.
BitMine’s Aggressive ETH Acquisition
BitMine Immersion (NYSE American: BMNR) is in the news for shelling out more than $104 million in Ethereum (ETH). This has brought their total to over 2.83 million ETH, which is about 2% of the total supply of Ethereum. That’s a lot of crypto! They are now the biggest corporate holder…
