In a major development for the crypto industry, BlockBeats reports that Vance Spencer, co-founder of Framework Ventures, has revealed on social media that Bitmine and Sharplink are planning a joint purchase of $20 billion to $40 billion worth of Ethereum (ETH) in 2025.
According to the report, the majority of this $ETH ETH will be allocated to the on-chain lending market to attract stablecoins for circulation or mining. Experts believe this move could mark the largest proactive capital injection in the history of decentralized finance (DeFi), potentially ushering in a new era for the crypto market.
ETH
2,450.07
+0.87%