BitMine Don Pass 1M ETH ($5B), Dey Boost Institutional Demand
BitMine begin aggressive ETH dey gather from June 2025. Dem don collect like 1.2 million ETH—wey value pass $5 billion—makin dem be di biggest corporate crypto treasury. Dis kin make dem pass Sharplink Gaming wey get 728,800 ETH and e show say more institutions dey put money for Ethereum.
Di company ETH buy don push BitMine stock go up 25%. Large scale buy don also make Ethereum price go up and e help reduce di amount wey dey for market. Traders suppose sabi say price fit waka anyhow because of future treasury move dem.
BitMine plan show say digital asset management don change. Companies dey see ETH as important reserve asset, set new standard for crypto treasury management. If more companies enter, e fit help make market stable and liquid.
Bullish
BitMine di dey gathar plenti ETH, e dey reduce how much dey waka around and e show say institutional demand strong. Big company reserve dem dey usually support price floor and fit bring more money come. Dis kine tins dey create better bullish momentum for ETH. As per short term, traders fit face wahala cos of big treasury transaction dem. But constant company buying dey waka new industry standard and e dey support long term market stability. Overall, di way e dey shift to treat ETH as strategic reserve dey favor more price rise.