Strategy sells Bitcoin, Bitmine buys Ethereum——$74 million adds 42k ETH, bringing its reserves to over 5.7 million ETH, accounting for nearly 5% of circulating supply. In the same week, Strategy reduced its BTC holdings.


Bitmine Chairman Tom Lee stated directly that ETH's strength is linked to the probability of the Clarity Bill passing. If the bill is enacted, the controversy over ETH's security status will dissipate, and institutional compliance exposure will open up.
USDC trading volume share rises to 70%, stablecoin structure shifts from retail to institutional settlement. RWA tokenization and MiCA licensing implementation strengthen the 'compliant asset' theme.
Risk: Bitmine's position itself becomes a bargaining chip. If the bill is delayed or the ETH/BTC exchange rate reverses, massive holdings deleveraging could amplify volatility.
Institutions bet on rules, not prices.
$eth #btc #usdc #rwa #stablecoin
BTC0.17%
ETH-0.06%
USDC-0.01%
RWA-1.86%
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