Ethereum’s Institutional Surge: Bitmine’s Bold Treasury Move Sparks 100% Rally

Bitmine Immersion Technologies Inc. has made headlines with its strategic pivot into cryptocurrency, specifically Ethereum, causing its stock price to surge over 100% in just two days. The company announced a $250 million private placement to establish an ethereum treasury, a move that has reignited investor confidence and pushed shares to $135—a level not seen since April 2021. This development underscores the growing institutional interest in Ethereum as a viable treasury asset, further bolstered by the attractive staking yields it offers. The rally reflects a broader trend of corporations diversifying their treasuries into crypto assets, with Ethereum emerging as a preferred choice due to its robust ecosystem and potential for long-term growth. As of July 2025, Bitmine's bold bet on Ethereum highlights the increasing convergence of traditional finance and digital assets, signaling a transformative shift in how institutions perceive and utilize cryptocurrencies.

Bitmine Surges Over 100% After Announcing Ethereum Treasury Plan

Bitmine Immersion Technologies Inc. has more than doubled its stock price in two days following its $250 million private placement to establish an Ethereum treasury. Shares reached $135, a level unseen since April 2021, as the company joins the growing trend of corporate crypto treasuries.

The rally reflects mounting institutional interest in ETH as a treasury asset, with staking opportunities providing additional yield. Peer companies like Sharplink Gaming and BitDigital have seen parallel gains, though some remain below historical peaks.

Market observers note the move mirrors earlier Bitcoin treasury adoption cycles, with Ethereum now emerging as a complementary reserve asset for balance sheets. The private placement closed on July 3, triggering a second wave of buying pressure.

BeInCrypto Partners With ETH Belgrade for Top Web3 Events in Europe 2025

BeInCrypto has partnered with ETH Belgrade to host two pivotal side events during Belgrade Blockchain Week, bringing together founders, investors, and builders in the Web3 ecosystem. The collaboration underscores the growing emphasis on real-world conversations and organic growth in decentralized technologies.

On June 5, BeInCrypto joined forces with YAY Network and Easy Capital for 'Founders After Dark,' a curated networking event at Belgrade's Birds venue. The gathering facilitated high-value discussions on fundraising, token launches, and remote team scaling amid bear market conditions. Limited attendance ensured meaningful interactions among startup founders, fund managers, and ecosystem operators.

The events highlighted a strategic shift in Web3 lead generation—from traffic chasing to creating value-driven ecosystems. Speakers emphasized aligning SEO, content strategy, and funnel optimization to attract quality leads organically.

Trump’s World Liberty Financial (WLFI) Token Aims for $50B+ Valuation at Launch

Donald Trump’s cryptocurrency venture, World Liberty Financial, is poised to launch its WLFI token with ambitious projections of a $50 billion valuation on debut. The ERC-20 token, currently non-transferable, will transition to full trading capability on July 4th, attracting keen interest from early investors.

The project has already secured over 550 million during KYC sales, with mid-term price estimates ranging between $8-$12. WLFI serves as both a governance and utility token within its DeFi ecosystem, which emphasizes stablecoins and community-driven decision-making.

Allocations include 35% for public sales and 32.5% reserved for community incentives, reflecting a strategic balance between accessibility and long-term ecosystem growth.

Ethereum DeFi Lending Hits Record High as Confidence Rebounds

Ethereum's decentralized finance ecosystem has reclaimed its peak lending activity, with active loans surging to between $22.6 billion and $24 billion across protocols. The resurgence follows three months of consistent growth, including a $2 billion expansion in June alone.

Aave continues to dominate the lending landscape, though smaller protocols like Hyperliquid show accelerating traction with $848 million in value locked. The broader Ethereum DeFi sector now holds $35.29 billion in collateral deposits—another historic milestone.

While Base chain demonstrates notable growth with $2 billion in locked collateral, competing networks like TRON and solana have yet to match their previous lending highs. The data from TokenTerminal confirms Ethereum's enduring dominance as the backbone of DeFi's credit markets.

New Research Predicts Ethereum Could Reach $706,000 in Long-Term Bull Case

A provocative 38-page research report titled 'The Bull Case for ETH' projects Ethereum's fully diluted market capitalization could eventually approach $85 trillion—implying a staggering price target of $706,000 per ETH. Dated June 2025 and backed by 21 contributors including Ethereum Foundation researcher Danny Ryan and Bankless co-founder Ryan Sean Adams, the paper recasts ETH as 'digital oil': a deflationary, yield-bearing reserve asset underpinning the on-chain economy.

The thesis hinges on Ethereum's dual role as both infrastructure and investment vehicle during what authors describe as a 'generational transformation' of global finance. 'Assets worldwide are becoming digitized and transitioning on-chain,' the report states, positioning ETH as the foundational asset due to its developer ecosystem and operational reliability.

Despite Ethereum's technical upgrades and dominance in stablecoin settlement—processing more value than Visa—the report argues ETH remains 'among the most significantly mispriced opportunities' in markets. The cryptocurrency continues to trade below its 2021 highs even as institutional adoption accelerates.

'ETH is the next generational asymmetric investment opportunity,' the authors contend, suggesting it will become a Core holding for institutional portfolios. The $706,000 projection assumes Ethereum captures value comparable to global reserve assets as blockchain technology absorbs traditional financial infrastructure.

Institutional Withdrawals Signal Confidence in Ethereum as Key Metrics Suggest Price Upside

Ethereum has witnessed aggressive institutional outflows, with 89,000 ETH ($230 million) withdrawn from major exchanges including Binance, OKX, and Kraken within 24 hours. The movement, linked to Matrixport and Abraxas Capital, reflects a strategic shift toward long-term holding amid tightening supply dynamics.

Key scarcity indicators flash bullish signals. Ethereum's Stock-to-Flow ratio surged to 69.66 while improving MVRV and transaction recovery metrics underscore strengthening fundamentals. Despite a dip in Open Interest, the withdrawals suggest decreasing sell-side pressure that could catalyze price appreciation.

Technicals reveal a battleground between support and resistance. ETH maintains position above an ascending trendline at $2,642 but faces stiff resistance at $2,885. The RSI's neutral 55 reading confirms consolidation—a breakout above resistance WOULD confirm bullish continuation, while failure risks retracement.