By Marco Piccolo Key highlights: BitMine Immersion Technologies purchased 23,823 ETH worth $103.7 million on October 10, continuing its aggressive accumulation strategy. The company now holds 2.83 million ETH, valued at approximately $12.3 billion, making it the largest corporate Ethereum treasury. Despite recent criticism from Kerrisdale Capital, BitMine remains committed to its goal of acquiring […]
Tag: NAV
By Emir Abyazov Key highlights: GD Culture plunged 28% after trading shares for 7,500 Bitcoin Deal makes GD Culture the 14th largest public Bitcoin holder Investors fear dilution as company pivots fully to crypto Shares of Nasdaq-listed GD Culture Group tumbled 28% after the company concluded a deal to acquire 7,500 Bitcoin worth $875.4 […]
By Marco Piccolo Key highlights: Standard Chartered has raised its year-end 2025 price target for Ethereum to $7,500, citing accelerating institutional demand. Treasury companies and ETFs have absorbed nearly 5% of ETH’s circulating supply in just three months. Analysts highlight Ethereum’s staking yield and DeFi utility as key advantages over Bitcoin for institutional investors. Ethereum‘s […]