Crypto sector rises during trading session, MSTR up 2.69%, COIN up 2.47%
Bitmine Immersion Technologies (BMNR) annuncia che le partecipazioni in ETH hanno raggiunto 6,04 milioni di token e che il valore complessivo delle disponibilità in criptovalute, liquidità e titoli negoziabili ammonta a 15,1 miliardi di dollari
Bitcoin, Ethereum, XRP, Dogecoin Gain as Oil Prices and Treasury Yields Cool: Analyst Says BTC 'Building Bottom,' but Spot Demand 'Still Weak'
Ethereum, Solana, HYPE Growth Isn’t Lifting Staking Yields: Bitwise
Why Is Bitmine Stock Surging on Tuesday?
Bitmine Ethereum Treasury Tops 6 Million ETH After Another Weekly Purchase
Not all bad news, at least the 10y yield dropped.
With macro data this weak, BTC still held above 80k; I feel this pullback is nearing its end. ETH had high long leverage before and pulled back more, but its rebound should be stronger when it comes.
mNAV hit a low of 0.87; BMNR may restart buybacks this week. Will see how to update next Monday.
$BMNR 2X Short ETF(BMNZ.US) took some profit with sl to entry, move on to the next.
$BitMine Immersion Tech(BMNR.US) Tom Lee, in his speech at yesterday's Token2049 forum, stated that the 5% coin accumulation target is about to be met, after which they will pause and stop buying, meaning no further dilution from financing.
Next, cash and staking yields will primarily be used for three things:
1. Share repurchase
2. Expanding the scale of MAVAN
3. New ETH ecosystem investments, potentially data centers, such as transitioning mining equipment from the original mining business
