Your crypto coins With a global interest, many companies have started to form Altcoin reserves. Companies that have just started to get into this business on an early date like June are already billions of dollars of Ethereum (ETH) $4,566.71 they accumulated. Moreover, ETH purchases support stock prices because they are traded on the stock exchange.
Bitmine Ethereum (ETH) Reserve
Today, a few minutes ago, the company shared the current status of the company said that it kept 456 million dollars of cash. This is kept for more purchases. Only the purchase made last week 179.251 Eth size. The biggest Ethereum He is the Treasury Company and is the second largest crypto currency reserve company after Microstrategy.
Tom Lee, the chairman of the company, said;
“We spent last week with many leaders of the crypto and blockchain industry in Singapore in Singapore. The Bitmine team met with Ethereum’s nuclear developers and important players of the ecosystem, and it is clear that the community, Wall Street and Artificial intelligence on Ethereum.
Lee thinks that the Ethereum network will continue to grow rapidly and that he will get a lion’s share from the tokensation market, which is expected to reach $ 2.8 trillion.
Billion dollar reserve
Saying that its total asset is based on $ 13.4 billion, the shares of the company are among the most traded ones throughout the USA. With an average volume of 2.5 billion dollars compared to huge companies Finishing His shares are in the 28th place and the interest continues to increase. So what are their goals? Keep 5 %of the Ethereum supply in their hands alone.
Genius Tom Lee says that the law and other developments are as big as the end of the gold standard 54 years ago. Wall Street’s giants Ethereum Bitmine, who argues that it will follow the traditional finance moved to its network and that this area will grow exponentially, will reach its goals within 10-15 years.
BMNR shares, which have increased by 29 %in the last 1 month, have increased by more than 700 %in just 6 months compared to the current price. The shares that found buyers at $ 4 in June rose to $ 135 in July. If the reserves continue to grow, the company shares may increase at the same rate just like MSTR.