The company remains optimistic about Ethereum's prospects and continues to increase its holdings.
They made another purchase, acquiring 4,959 ETH, equivalent to $46 million.
Bitmine remains a leader among companies investing in ETH, and this purchase further widens the gap between them.
I believe this is far from their last Ethereum purchase, and they will continue to gradually increase their position, as they are confident in the altcoin's prospects and expect strong results from it, as I have repeatedly stated. #btc $ETH #usdt #ltc #sol #xrp $GT $GUSD
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deltapro
· 12-14 07:48
Large Bitcoin holders selling covered call options are putting significant downward pressure on the asset's price, according to analyst Jeff Park. In this situation, market makers are forced to hedge their buying risks by selling on the spot market.
Bitmine continues to accumulate its ETH position.
The company remains optimistic about Ethereum's prospects and continues to increase its holdings.
They made another purchase, acquiring 4,959 ETH, equivalent to $46 million.
Bitmine remains a leader among companies investing in ETH, and this purchase further widens the gap between them.
I believe this is far from their last Ethereum purchase, and they will continue to gradually increase their position, as they are confident in the altcoin's prospects and expect strong results from it, as I have repeatedly stated.
#btc $ETH #usdt #ltc #sol #xrp $GT $GUSD