Ah, the wondrous world of Ethereum! Our dear Bitmine Immersion Technologies, a shining beacon for the Ether-obsessed, has somehow amassed a treasure trove of 14,665 ETH from none other than the enigmatic Galaxy Digital. Yes, the very same Galaxy who probably moonlights as a cosmic banker in another dimension! This delightful cargo, bursting at the seams with $65.32 million worth of digital gold, has been quietly sliding through the ledger of Arkham Intelligence like a sly fox in winter.
Imagine! Galaxy Digital, in an exquisitely choreographed dance, dispatched these ether-filled parcels, averaging between 2,200 to 3,300 ETH each – like a generous uncle handing out horseradish at a family feast. One can’t help but marvel at such munificence wrapped in cryptographic finery.
And lo! With these cunning additions, Bitmine’s Ethereum hoard now towers at a staggering 1.87 million ETH – a sum so large it might choke the wallets of lesser mortals, amounting to an eye-watering $8.32 billion. In this vast cryptoverse, Bitmine has crowned itself the undisputed czar of Ethereum – a true oligarch in the empire of ones and zeroes.
Oh, The Treasury of Dreams!
Not long ago, just past the midsummer eve, Bitmine began its noble quest to accumulate Ethereum riches, and already it reverberates through the marketplace like a merchant herald proclaiming his wares. It stands tall as the second mightiest crypto treasury after Strategy Inc.-whose hoard of 629,000 Bitcoin ($71 billion worth) could buy an army of bears and bulls for a grand masquerade.
Meanwhile, our heroes at Bitmine are sharpening their quills and filing with the stern-faced SEC, seeking permission to open a gargantuan at-the-market (ATM) offering – a grand plan to sell stock worth $24.5 billion. “More gold for the coffers!”, they declare, striving ever onward to boost balance sheets and swell their Ethereum stable, as if to say, “Hold my virtual vodka.” 🥃
And who should come pirouetting onto this stage but Cathie Wood’s ARK Invest? With a knowing smirk, ARK has dispatched some $15.6 million to acquire 339,113 BMNR shares-a spicy little bet, scattered across three ETFs. This noble patron has now invested over $300 million in Bitmine, trailing only the goliath Coinbase in crypto affection. Truly, these are the plots worthy of Gogol’s pen! 🧐
According to the ever-watchful oracle Yahoo Finance, Bitmine’s stock has become something of a tempest: rising 5.58% one day to close at $44.86, only to slip slightly to $44.38 overnight – a drama worthy of the finest tavern gossip. Year-to-date, this phoenix has soared an astonishing 518%, leaving many humble investors clutching their hats and wondering if the fairies of fortune have finally smiled upon them.
Read More
- SOL PREDICTION. SOL cryptocurrency
- Gold Rate Forecast
- Silver Rate Forecast
- EUR AUD PREDICTION
- Brent Oil Forecast
- USD MYR PREDICTION
- OP PREDICTION. OP cryptocurrency
- USD COP PREDICTION
- EUR USD PREDICTION
- USD INR PREDICTION
2025-09-04 11:03