BitMine’s $1B Ethereum Stash Fuels ETH’s Charge Toward $10K—Are Institutions Finally Waking Up?
Ethereum's institutional adoption hits a watershed moment as BitMine's holdings cross the billion-dollar mark—just as ETH flirts with a historic breakout.
Why $10K isn't just hopium anymore
The $1B custody milestone screams what retail already knew: smart money's quietly building positions while Wall Street still debates 'blockchain vs. Bitcoin.' Liquidity's shifting from speculative froth to institutional-grade accumulation.
Watch the derivatives market
Options open interest around $10K strikes surged 300% this quarter—traders are pricing in what the fundamentals suggest. The Merge's efficiency gains finally translating to price discovery, with staking yields acting as rocket fuel.
Meanwhile in traditional finance...
Goldman Sachs clients still getting 5-slide decks explaining wallets, while crypto natives stack ETH at triple the rate of 2024. Sometimes disruption doesn't knock—it vaults past gatekeepers holding spreadsheets.
In a move that stunned the crypto world, BitMine Immersion Technologies has officially confirmed that its ETH holdings have surpassed $1 billion, just seven days after closing a $250 million private placement.... Read More
