Crypto currency The number of focused companies is increasing day by day and their reserves are growing. Moreover, Bitcoin $114,414.66The interest focused on the focus on the Altcoins began to spread. Following the success of Saylor’s company, public companies make profits by adopting the crypto currency reserve strategy.
Bitmine and Ethereum Reserve
Bitmine Immersion Technologies (BMNR) Total Eth It increased its amount to 833 thousand, which represents a reserve of almost $ 3 billion. Tom Lee -backed company ranks first among the public reserves among the public companies.
American billionaire initiative, Peter Thiel’s companies acquired 9.1 %of their shares last month. This move is very meaningful because Peter is one of the first investors of giant companies. Paypal, the founding partner of companies such as Palantir was the first supporter of Facebook to invest outside the company. Net wealth is over $ 23 billion and its company is Ethereum $3,555.25 continues to support the treasury initiative.
At the beginning of June, Ether, with a value of close to 3 billion dollars in a very short time with its export that can be converted to the end that explains its intention to establish Ethereum reserves, has accumulated close to $ 3 billion in a very short time.
Ethereum Treasury Companies
A lot of US -based companies follow the way Strategy follow the way to create crypto currency reserves. While exporting more bonds and enlarging their reserves by creating cash, shares are in demand. The total amount of assets in the hands of the companies that make up the Treasury in Ethereum has already exceeded $ 10 billion.
Sharplink Gaming holds 480,000 and The Ether Machine has 345,000 ETH reserves, and 833,000 ETHs holds 833 thousand ETH. Moreover, Tom Lee, the head of the finishing company, has already put 5 %of the total supply as the Treasury target. In other words, it will accumulate at least 5 %of all Ether to the end.
Unlike Bitcoin Treasury companies, it is possible to evaluate the reserves with Stake as it works for Ethereum POS mechanism. This is the annual significant amount of investment of billions of dollars Eth means that it will generate income in its genus. Even if it is calculated even with minimum return, 833 thousand ETH will earn around 25 thousand ether ether. Moreover, ETH’s earnings in dollars should be said.
But still ETHBTC Since we did not see a stable break in the parity, the ETH reserve story could not start the Hype period. Perhaps this is the Hype period that will begin its basic motivations?
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.