Ether Treasuries Dey Soar wit $24.5B BitMine and $389M SharpLink
Big big players dem for institution side dey pump up their Ether treasury make dem fit enjoy the better market momentum wey dey grow. Public Bitcoin miner BitMine Immersion Technology don file SEC at-the-market (ATM) offering to raise $24.5 billion, all na to buy more Ether dem earmark am. Meanwhile, company wey dey do corporate crypto treasury, SharpLink, don complete capital raise of $389 million from institutional investors to expand their Ether treasuries. Big holders too dey active. New company wey dem just form don buy $1.3 billion worth Ether for ten new wallets pass the recent $1 billion wey enter inside Ethereum ETFs. These moves mean say demand for Ethereum asset dey strong and e dey boost the competition for Ether treasuries. E no just end for crypto, US federal debt don reach record $37 trillion after the One Big Beautiful Bill Act. Analysts dey warn say as deficit dey increase, e fit ginger quantitative easing wey go inject liquidity into the financial markets. Based on how e dey relate with M2 growth, Bitcoin price fit reach $132,000 by the end of 2025, wey go further strengthen the bullish market sentiment.
Bullish
Di big capital wey BitMine and SharpLink don gather show say institutional demand for Ethereum high wella. Dem join hand dey expand Ether treasuries plus dat $1.3 billion whale acquisition dey show say race to buy Ethereum dey intensify wey normally dey push price gidigba. On top dat, US federal debt don hit record $37 trillion, e make people expect say quantitative easing fit come, wey fit bring fresh liquidity enter crypto markets. Short term, all dis fit make Ether and Bitcoin price dey rise. Long term, if companies and institutions continue to dey participate, e fit help market grow well, so overall outlook remain bullish.