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$6.6B in ETH? BitMine Quietly Becomes Ethereum's Top Whale & Wall Street's Crypto Titan

Retrieved on: 2025-08-19 19:36:14

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$6.6B in ETH? BitMine Quietly Becomes Ethereum's Top Whale & Wall Street's Crypto Titan. View article details on hiswai:

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.

  • BitMine accumulated over $1.7 billion in ETH in just one week, reaching 1.52 million tokens
  • $BMNR stock trades with higher liquidity than JPMorgan and Google, ranking in top 10 U.S. stocks
  • Company positions itself as premier Ethereum proxy investment for traditional institutions
  • Leadership believes Ethereum will drive the next financial system transformation through smart contracts and tokenization

Article found on: www.cryptoninjas.net

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