It is a truth universally acknowledged, that a corporation in possession of sound capital must be in want of more Ethereum. Blockchain data, as precise as Mrs. Bennet’s gossip, reveals BitMine has added a considerable sum of ETH at the dawn of this week, continuing a scheme of accumulation rivaling Mr. Darcy’s pursuit of propriety.
Key takeaways
- BitMine is suspected of acquiring $88 million worth of Ethereum in a mere day-truly, a feat of pecuniary vigor. 💸
- The company now hoards over 4 million ETH, claiming the title of the most distinguished corporate Ethereum treasury in the realm. 🏛️
- BitMine’s grand design? To amass 5% of Ethereum’s circulating supply-a goal as audacious as a proposal at Netherfield. 💍
- Neither ETH’s market dips nor BitMine’s stock melancholy have swayed their resolve. A steadfastness Mr. Collins would call “commendable.” 😒
Onchain whispers, more reliable than Lady Catherine’s opinions, suggest BitMine procured 29,462 ETH (priced at $88 million) via BitGo and Kraken. Though unconfirmed, these transactions follow an official disclosure with the swiftness of a well-timed quadrille.
“It seems Tom Lee() hath once again acquired 29,462 ($88.1M) from BitGo and Kraken.” 🎩💸
– Lookonchain (@lookonchain)
In their filing, BitMine confessed to securing 98,852 ETH past week, swelling their coffers to 4,066,062 ETH. At $2,991 per ether, their treasury now rivals the Bank of England’s vaults at $12 billion.
A Long-Term Entailment Upon Ethereum’s Future
The pace of acquisition speaks volumes of BitMine’s devotion to Ethereum-a love affair surpassing even Marianne Dashwood’s romantic fervor. Under Tom Lee’s stewardship, their aim to claim 5% of Ethereum’s supply is declared with the confidence of a man who’s never been refused.
Lee, ever the romantic, proclaimed the endeavor “tangible and accelerating,” positioning BitMine as a bridge between traditional finance and blockchain’s wild frontier. One wonders if he’ll next commission a sonnet for tokenization.
The market, however, remained utterly indifferent. BitMine’s shares slumped 0.86% to $31.09, while ETH tumbled 2.5% to $2,950. A tragedy, or merely a subplot?
Yet BitMine persists, undeterred by volatility. Their strategy, as unyielding as Mr. Wickham’s charm, prioritizes accumulation over timing. Ethereum, they insist, is not a trinket but a “foundational asset” for global finance. How very noble.
The information herein is as reliable as Mr. Collins’ flattery: for educational purposes only. No financial advice is offered, nor shall any be inferred. Consult a licensed advisor ere you invest your family fortune in Ether-or Netherfield.
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2025-12-23 13:03