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Retrieved on: 2025-08-19 19:36:14
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Summary
This article by CryptoNinjas explores BitMine Immersion Technologies' aggressive Ethereum accumulation strategy that has positioned it as a major crypto treasury player.
BitMine now holds 1.52 million ETH worth $6.6 billion, making it the world's largest Ethereum treasury and second-largest crypto holdings company after MicroStrategy. The company's stock ($BMNR) has become the 10th most actively traded U.S. stock with $6.4 billion daily trading volume, surpassing established giants like JPMorgan and Alphabet. Chairman Tom Lee compares the current regulatory environment to the 1971 gold standard collapse, suggesting Ethereum will become the foundation for tokenized finance and AI-powered markets.
Article found on: www.cryptoninjas.net
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