By Emir Abyazov Key highlights: The Ethereum validator exit queue has nearly cleared for the first time since July, sharply reducing near-term selling pressure. Staking demand is rising, with over 1.3 million ETH waiting to enter the network, signaling renewed confidence among validators. Large corporate stakers, led by BitMine, are reshaping validator queue dynamics and […]
Tag: BMNR
By Marco Piccolo Key highlights: BitMine Immersion Technologies (BMNR) acquired over 54,000 ETH last week, bringing its total holdings close to 3.6 million ETH. Chairman Tom Lee believes Ethereum is entering a “supercycle” akin to Bitcoin’s 100x run since 2017. Despite market weakness, Lee argues structural factors could push crypto’s cycle peak to 2026 or […]
By Marco Piccolo Key highlights: Ark Invest acquired 240,507 shares of BitMine Immersion (BMNR), valued at approximately $9 million, across three ETFs. The move follows a broader strategic shift by Cathie Wood toward Ethereum-focused assets despite recent cuts to Bitcoin projections. BitMine remains the largest Ethereum treasury holder, with nearly 3.4 million ETH, and aims […]