🚀 "Funding is secured": BMNR holds 4.66% of all Ethereum!
Head of Bitmine Immersion Technologies (BMNR) Tom Lee has firmly responded to rumors about a financial crisis within the Ethereum Foundation. His verdict: the likelihood of a crisis is zero.
Key facts from the latest company report:
📊 Huge case: BMNR officially owns 5.62 million $ETH ($10.4 billion in total assets including cash). That’s 4.66% of the total circulating supply!
🛒 Buying the dips: Just in the last week, the company has scooped up another 76,881 ETH, ignoring market fluctuations. Tom Lee's goal is to accumulate 5% of all ETH by 2026.
📈 Passive income: Over 4.7 million ETH are already staked, generating approximately $226 million in projected annual revenue for the company.
What does this mean for the market?
The phrase "Funding is secured" from the second largest crypto fund in the world (after MicroStrategy) is a super strong bullish signal. While retail investors panic over the price of $1,725, the big capital continues to vacuum the market, betting on tokenization and AI infrastructure.
Crisis averted? The scale of BMNR's accumulation can definitely restore market confidence.
#ETH
#BlackRockIBIT75%InvestorsNewToETFs
#EUCryptoAMLRules2027BansPrivacyCoins
$ETH
Head of Bitmine Immersion Technologies (BMNR) Tom Lee has firmly responded to rumors about a financial crisis within the Ethereum Foundation. His verdict: the likelihood of a crisis is zero.
Key facts from the latest company report:
📊 Huge case: BMNR officially owns 5.62 million $ETH ($10.4 billion in total assets including cash). That’s 4.66% of the total circulating supply!
🛒 Buying the dips: Just in the last week, the company has scooped up another 76,881 ETH, ignoring market fluctuations. Tom Lee's goal is to accumulate 5% of all ETH by 2026.
📈 Passive income: Over 4.7 million ETH are already staked, generating approximately $226 million in projected annual revenue for the company.
What does this mean for the market?
The phrase "Funding is secured" from the second largest crypto fund in the world (after MicroStrategy) is a super strong bullish signal. While retail investors panic over the price of $1,725, the big capital continues to vacuum the market, betting on tokenization and AI infrastructure.
Crisis averted? The scale of BMNR's accumulation can definitely restore market confidence.
#ETH
#BlackRockIBIT75%InvestorsNewToETFs
#EUCryptoAMLRules2027BansPrivacyCoins
$ETH