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BitMine completed its largest Ethereum purchase since December last year, pushing its ETH holdings beyond 5.08M coins, further solidifying its position as one of the largest mining companies. @theblockco @theblockco
Strive bought 789 BTC, bringing the company's total holdings in its treasury to over 14k BTC, making it the ninth-largest Bitcoin holder among global companies.
Investment bank Bernstein reiterated its bullish stance, stating that the "best days for cryptocurrencies are still ahead," citing asymmetric upside potential and a structurally extended bull market cycle.
Steve Chung officially took over as CEO of The Block, planning to lead the team to become an indispensable source of news and data in the integration of blockchain and traditional finance.