BitMine just added another 8,573 $ETH, and its stack is now 6,060,506 tokens.
That's a company inching toward its 5% of total Ether supply target while price sits near $2,300 and ETH ETFs have seen outflows. Corporate treasuries buying into weakness is a very different signal from ETF flows (crypto.news).
My take: treasury demand can cushion dips, but it doesn't replace broad spot demand.
Which matters more for $ETH over the next month: treasury buyers or ETF flows? Not financial advice.
#Ethereum #BitMine #CryptoNews
That's a company inching toward its 5% of total Ether supply target while price sits near $2,300 and ETH ETFs have seen outflows. Corporate treasuries buying into weakness is a very different signal from ETF flows (crypto.news).
My take: treasury demand can cushion dips, but it doesn't replace broad spot demand.
Which matters more for $ETH over the next month: treasury buyers or ETF flows? Not financial advice.
#Ethereum #BitMine #CryptoNews