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Bitcoin Treasury Holdings Cross $113 Billion, Who Are The Major Stakeholders?

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Many public companies are now turning to a Bitcoin strategy, with many of them undergoing treasury changes. Notably, public companies holding Bitcoin on their balance sheets have seen their aggregate holdings surge past $113 billion in early September. 

This balance shows not only strong institutional conviction in Bitcoin as a reserve asset but also the adoption of crypto‐treasury models among public companies, and here are the major stakeholders.

Major Stakeholders Of Bitcoin Treasury

Data shows that the total value of Bitcoin held by publicly traded companies in their treasury is now well over the $100 billion mark. The value of the total holdings, which is subject to the intensely volatile nature of Bitcoin’s price, is now fluctuating between $111.24 billion and $113 billion, according to data from BiTBO. 

The center of this adoption is full of companies and founders that have made Bitcoin a cornerstone of their treasury strategy. At the top of the list is Strategy, which is holding hundreds of thousands of BTC and is often seen as the pioneer of corporate Bitcoin accumulation. According to data from BiTBO, Strategy is holding 638,460 BTC, which is worth about $73.63 billion. This translates to 64.27% of the BTC held by public companies and 3.04% of the total 21 million BTC created.

Following close behind are mining companies and firms explicitly structured around Bitcoin accumulation. MARA Holdings (Marathon Digital), for example, is the second-largest public company holding Bitcoin, with 52,477 BTC worth $6.05 billion in its coffers. Other names include XXI (Twenty-One Capital) with 37,229 BTC, Bullish with 24,340 BTC, and Riot Platforms with 19,309 BTC.

Source: Chart from BiTBO

Interestingly, some non-mining or non-traditional companies have also carved out a strong strategy of Bitcoin treasury. For instance, MetaPlanet, which is currently holding 20,136 BTC, recently announced that it had expanded its shares offering from 180 million shares to 385 million shares in order to raise $1.4 billion in capital for its Bitcoin acquisition strategy. 

Other companies like GameStop and EV manufacturer Tesla also have thousands of Bitcoins in their treasury reserves.

What’s Motivating The Bitcoin Accumulation?

There are many intersecting motivations behind these large Bitcoin treasury holdings. First, many leaders of these companies view Bitcoin as an inflation hedge, as it is commonly referred to as digital gold.

Second, there is the trend of shareholder appeal. For instance, MetaPlanet noted that its most recent upsizing was due to strong demand from investors. Companies that announce Bitcoin accumulation often witness stock price increases. According to a report from Animoca Brands, the stock price of corporate treasury companies increases by an average of 150% within 24 hours of announcing crypto adoption strategies. 

Aside from publicly traded companies, institutional demand for Bitcoin through Spot Bitcoin ETFs is also growing at a strong pace. Spot Bitcoin ETFs in the US continue to attract inflows, with the latest numbers from SoSoValue showing $552.78 million entering these ETFs on September 11. 

At the time of writing, Bitcoin is trading at $115,220, up by 0.9% in the past 24 hours.

BTC trading at $115,017 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Crypto Trends

GameStop Posts Narrower Loss in Q2 as Bitcoin Holdings Lift Balance Sheet

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In brief

  • GameStop disclosed 4,710 BTC on its balance sheet, valued at $528.6 million with $28.6 million in unrealized gains.
  • Net loss narrowed to $18.5 million from a $44.8 million profit in Q1.
  • Revenue slipped to $673.9 million from $732.4 million while operating costs fell as collectibles sales rose.

GameStop narrowed its quarterly loss after booking $528 million of Bitcoin on its balance sheet, a move that ranks among the largest corporate wagers on the crypto since Strategy’s headline-grabbing buys.

The Grapevine, Texas-based company reported a net loss of $18.5 million for the quarter ended August 2, compared with a $44.8 million profit in the prior three months. 

Revenue slipped to $673.9 million from $732.4 million in the previous quarter, weighed by declines in hardware and software sales.



GameStop disclosed that it purchased 4,710 BTC during the quarter at a cost of $500 million, in line with an investment policy adopted earlier this year. 

The holdings were valued at $528.6 million at quarter-end, generating an unrealized gain of $28.6 million. The company said it uses Coinbase pricing to measure fair value each reporting period, its filing showed.

The addition of Bitcoin places GameStop among a small but growing group of publicly traded firms that have diversified into digital assets, exposing their financial statements to swings in crypto markets. 

Bitcoin’s price has risen about 18% since early May, helping bolster the carrying value of GameStop’s holdings.

The retailer has been reshaping its finances under Chairman Ryan Cohen, raising cash through a $2.7 billion convertible bond sale earlier this year and divesting international units in Canada and France. 

GameStop ended the quarter with $6.1 billion in cash and equivalents, excluding its digital assets.

Operating losses narrowed to $9.2 million from $10.8 million in the previous quarter, aided by lower selling, general, and administrative costs. 

Collectibles, including trading cards and pop-culture merchandise, remained a bright spot, accounting for nearly a third of sales.

Shares of GameStop were up 1.5% on the day and as much as 5.7% to $24.94 in after-hours trading following the release.

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Ethereum
NFT Gaming

BitMine’s Ethereum Holdings Hits New Milestone With 2M ETH

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BitMine revealed it has increased its Ethereum (ETH) holdings to 2 million ETH over the past few days, achieving a key milestone for the company’s investment strategy and solidifying its position as the largest ETH Treasury in the world.

1.7% Of Ethereum’s Supply In BitMine’s Treasury

On Monday, BitMine, a Bitcoin and Ethereum Network Company with a focus on accumulating crypto for long-term investment, announced that it has achieved a significant milestone as its crypto and cash holdings have exceeded the $9.21 billion mark following recent purchases.

According to the announcement, the company now holds 2,069,443 ETH at $4,312, 192 Bitcoin (BTC), and unencumbered cash worth $266 million. This achievement is part of the company’s goal to hold 5% of Ethereum’s total supply, now controlling 1.71%, worth $8.5 billion.

BitMine’s chairman, Thomas “Tom” Lee, stated, “BitMine has surpassed the 2 million ETH milestone this past week. As we mentioned in our August Chairman’s message, the convergence of both Wall Street moving onto the blockchain and AI/ agentic-AI creating a token economy is creating a supercycle for Ethereum. And the power law benefits large holders of ETH, hence, we pursue the ‘alchemy of 5%’ of ETH.”

“At BitMine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock,” Lee added. It’s worth noting that the company became the third-largest crypto treasury and the largest Ethereum Treasury in the world after hitting the 1.15 million ETH milestone just last month.

Since then, the company has continued to accumulate nearly another million ETH and has become the second-largest crypto treasury, now only behind Michael Saylor’s Strategy, which holds 636,505 Bitcoin, worth $71 billion at current prices.

“We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years,” continued Lee in the announcement. “Wall Street and AI moving onto the blockchain should lead to a greater transformation of today’s financial system. And the majority of this is taking place on Ethereum.”

Strengthening ETH’s Ecosystem

BitMine also revealed it has made a $20 million strategic investment into Eightco Holdings Inc. (NASDAQ: OCTO) as part of OCTO’s $270 million private investment in public equity (PIPE). On September 8, Eightco announced it plans to adopt Worldcoin (WLD), an ERC20 asset, as its primary treasury holding.

Notably, the strategic investment marks the start of the company’s “Moonshot” strategy, which aims to allocate around 1% of BitMine’s balance sheet into projects to strengthen the Ethereum ecosystem and create value for BitMine equity shareholders.

According to the statement, BitMine is now one of the most widely traded stocks in the US, with an average daily volume of $1.7 billion, according to 5-day average data from Fundstrat.

The company’s stock has also been favored by international retail investors over the past few months, with hundreds of millions of dollars being poured into BitMine, which is seen as a proxy for Ethereum.

As reported by Bitcoinist, South Korean investors purchased $259 million worth of Bitmine stock in July, amid a shift from big US Tech companies’ stock to crypto-related equities. This made the company the most purchased foreign security stock, according to Korea Securities Depository data. The trend continued in August as South Korean individual investors sold approximately $657 million of Tesla stock while investing $426 million into BitMine.

Ethereum trades at $4,329 in the one-week chart. Source: ETHUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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(Sebastiaan Stam/Unsplash)
NFT Gaming

Lion Group Plans to Swap SOL, SUI Holdings for HYPE

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Nasdaq-listed Lion Group (LGHL) plans to exchange all of its SOL and SUI holdings for HYPE tokens.

The Singapore-based trading platform operator is aiming to capitalize on the launch of custody services for the the Hyperliquid ecosystem in the U.S. by digital asset custodian BitGo.

Lion Group said it plans to optimize its crypto portfolio using the Hyperliquid layer-1 network’s decentralized perpetual futures exchange capabilities, in an announcement on Monday.

The company began acquiring HYPE tokens in late June, having previously announced its Hyperliquid treasury initiative. At the time, however, Lion Group said it planned to continue acquiring SOL and SUI.

Lion Group CEO Wilson Wang described Hyperliquid as “the most compelling opportunity in decentralized finance, with its on-chain order book and efficient trading infrastructure.”

“By shifting our holdings from SOL and SUI to HYPE through a disciplined accumulation process, we aim to enhance portfolio efficiency and position the Company for sustained growth in the crypto sector,” he added.

At the time of writing, HYPE is priced at $51.39, 9% higher in the last 24 hours.

LGHL shares traded at $1.25 of of midday on the East Coast on Monday, a fall of 7.4% on the day.



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NFT Gaming

El Salvador Scoops Another 21 BTC for Nation’s Bitcoin Day, Holdings Top $700M

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In brief

  • El Salvador bought 21 BTC on September 7 to celebrate the fourth anniversary of its Bitcoin Law.
  • The country’s Bitcoin reserve now totals 6,313.18 BTC valued at about $701 million.
  • The purchase comes despite an IMF loan requiring the government to halt Bitcoin accumulation.

El Salvador continues to stack sats.

On Sunday, President Nayib Bukele confirmed the country’s Bitcoin Office has purchased 21 BTC to mark the fourth anniversary of the country’s Bitcoin legal tender law.

The buy is a symbolic nod to Bitcoin’s 21 million coin supply cap and continues the government’s reserve-building strategy despite tensions with international lenders.  

Since March of last year, the smallest country in mainland Central America has continued to buy up 1 BTC per day, data shows.

According to the government’s own figures and blockchain data, the country now holds 6,313.18 BTC, valued at about $701 million.



El Salvador’s Bitcoin Law was passed in 2021, making El Salvador the world’s first country to adopt Bitcoin as legal tender alongside the U.S. dollar.

At the time, the move was promoted as a way to increase financial inclusion and reduce remittance costs, despite critics warning of volatility and macroeconomic risks and noting the move ostensibly violated the “crypto ethos,” given that the authority to implement it was handed down by the state.

While symbolic, El Salvador’s latest purchase complicates compliance with its $1.4 billion IMF loan agreement in December last year, which requires halting voluntary accumulation by public entities.  

At the time, IMF officials said the country had committed to freezing acquisitions under the finalized Extended Fund Facility.

As part of the deal, El Salvador revised its Bitcoin Law to make merchant acceptance voluntary while retaining the crypto as legal tender. The agreement also mandates liquidation of the Fidebitcoin trust and the government’s exit from the Chivo wallet program.

Despite these mandates and continued amendments to its deal with the IMF, El Salvador has continued to buy Bitcoin. Future disbursements under the IMF program depend on compliance reviews through 2027, keeping the government under scrutiny.

Late last month, the National Bitcoin Office redistributed its holdings across multiple addresses, with a cap of approximately 500 BTC per address. Officials cited quantum computing threats as justification for the change.

It listed the new addresses with a public dashboard for transparency.

An IMF report from March estimated El Salvador’s Bitcoin purchases since 2021 at roughly $300 million, generating more than $400 million in unrealized gains at current prices. The fund noted, however, that limited disclosure prevents a full independent assessment of the portfolio.

El Salvador’s holdings still place it among the largest sovereign Bitcoin reserves, ahead of countries experimenting with mining-backed strategies.

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MARA Bitcoin holdings near $6b Bitcoin Hyper gains
NFT Gaming

MARA’s Bitcoin Holdings Near $6B With 52,477 $BTC, Hyping Up Bitcoin Hyper

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MARA Holdings just announced that its Bitcoin treasury is nearing $6B after mining 705 Bitcoins in August with an average of 22.7 tokens per day.

This performance is the result of an increase in hashrate to 59.6 EH/s and the company enabling its Texas wind farms.

The official press release also stated that MARA plans to acquire 64% stake in Exaion, one of the world-leading producers of low-carbon energy, in Q4 of 2025.

This comes shortly after the company announced a 17% increase in its Bitcoin mining capabilities in July, according to the end-of-the-month report.

With Bitcoin falling below $111K again, MARA seeks to ramp up its Bitcoin accumulation strategy before the next bull run, which is likely to trigger in Q4, especially as Bitcoin Layer 2 upgrade, Bitcoin Hyper ($HYPER) nears the end of its presale in Q4.

MARA Wants a Larger Spot at the Bitcoin Table

MARA wants a larger slice of the Bitcoin buy, which is why it’s ramping up its mining and buying efforts. A July 23 convertible note offering saw MARA put out $850M-worth of senior notes, with much of the proceeds being reserved for Bitcoin investments.

This shows that the company is preparing a long-term investment strategy, similar to what Michael Saylor’s Strategy is doing. Strategy currently has the largest Bitcoin treasury in the world, with 636,505 $BTC, valued at nearly $70B.

Strategy bought three dips in August and one in September, acquiring 7,714 $BTC for a total investment of almost $900M.

More importantly, Saylor is likely to make another move now that Bitcoin lost its momentum after jumping over $113K briefly yesterday. Another massive investment would create another pump, this time hopefully getting Bitcoin over the psychological threshold of $115K.

Based on Bitcoin’s historical monthly returns, the next pump may not be short-lived. According to CoinGlass data, Bitcoin’s last six years display a green October, with gains of up to 40%.

Then we have Bitcoin Hyper nearing the end of the presale in Q4, according to the whitepaper, which could add an extra boost once the project goes public.

How Bitcoin Hyper Promises to Solve Bitcoin’s Performance Problems

Bitcoin Hyper ($HYPER) is the Layer 2 upgrade that promises to finally solve Bitcoin’s performance issues.

Bitcoin’s performance is currently limited to 7 transactions per second (TPS), which makes the network unfeasible for large institutional investors and payment processors. In terms of performance, Bitcoin ranks 28th in terms of TPS, according to Chainspect data.

Even Ethereum ranks higher with its 16 TPS on the 17th position, while Solana is second with up to 1,000 TPS and a theoretical value of 65,000.

So, it’s only natural that Bitcoin Hyper would target a Solana-level performance boost for Bitcoin, which it plans to achieve with tools like the Canonical Bridge and the Solana Virtual Machine (SVM).

The Canonical Bridge connects Hyper to the Bitcoin network and relies on the Bitcoin Relay Program to confirm transactions in seconds, rather than hours.

The Bridge then mints the users tokens into Hyper’s Layer 2, decongesting the main network and reducing traffic significantly.

The Solana Virtual Machine offers another performance boost by unlocking the ultra-fast and low-latency execution of smart contracts and DeFi apps. This brings the Bitcoin network to Solana-level performance numbers.

With these tools, Hyper offers higher throughput, near-instant finality, and increased scalability, allowing for multiple transactions at once; considerably more than 7.

This makes the Bitcoin network a feasible choice for institutional investors, which will turn Bitcoin mainstream and push $BTC to obscene heights.

The presale has raised over $14.2M so far and it’s growing at an accelerated pace. If you want to invest, you can buy $HYPER at the presale price of $0.012865, which could prove to become a wealth-building decision.

That’s because, based on the project’s roadmap and potential, our price prediction for $HYPER is $0.32 for the end of 2025.

By 2030, $HYPER could reach $1.50 with enough community support, which translates to an ROI of 11,559%.

Important note: These predictions are rather conservative and don’t account for factors like global adoption or subsequent upgrades which build upon the project’s foundation even further. In other words, $HYPER could have an even taller price ceiling.

If you want to get a piece of the Bitcoin Hyper action, visit the presale page now.

What to Expect From Bitcoin?

Given Bitcoin’s past performances over the last six years, the growing institutional interest, and companies like MARA creating a mining empire, we predict a powerful October bull.

There’s no telling how high Bitcoin can get, but October has been Bitcoin’s most profitable month historically, with only two red months in 12 years.

So, keep your eyes on Bitcoin and have Bitcoin Hyper ($HYPER) on your radar. The $14.2M presale is currently the talk of the day and reading about the project explains why.

Don’t take this as financial advice. Do your own research (DYOR) before investing.

Authored by Bogdan Patru, Bitcoinist – https://bitcoinist.com/mara-bitcoin-holdings-near-6b-bitcoin-hyper-gains/

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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MARA Boosts Bitcoin Holdings to 52,477 BTC After August Production
GameFi Guides

MARA Boosts Bitcoin Holdings to 52,477 BTC After August Production

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MARA Holdings (MARA) reported that its bitcoin BTC$112,224.94 holdings climbed to 52,477 BTC as of Aug. 31, after the crypto mining company produced 705 BTC during the month.

The company mined 208 blocks, maintaining a 4.9% share of network rewards. Energized hashrate rose 1% month-over-month to 59.4 exahashes per second (EH/s). MARA opted not to sell any BTC in August, with management noting that the price decline provided an opportunity to grow reserves.

The largest cryptocurrency fell more than 6% in August, the worst performance since February.

“Given the decline in bitcoin price during the month, we took the opportunity to strategically add to our treasury and currently hold over 52,000 BTC,” said CEO Fred Thiel.

MARA remains on track to complete its Texas wind farm buildout by the fourth quarter, with all miners on-site and connected. Internationally, the company signed an agreement to buy a 64% stake in Exaion, a subsidiary of EDF, with the option to increase to 75% by 2027. The deal aims to integrate MARA’s infrastructure with AI and edge solutions.

MARA also opened its European headquarters in Paris, reinforcing its focus on sustainability, grid partnerships and the repurposing of unused energy.

MARA shares fell 5% on Thursday and are down 14% year to date.



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Bitcoin (BTC) Holdings Part of Broader Treasury Stategy: Figma
Crypto Trends

Bitcoin (BTC) Holdings Part of Broader Treasury Stategy: Figma

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Collaborative design software company Figma (FIG) expanded its bitcoin BTC$109,962.82 holdings to $91 million in the second quarter of this year, the company disclosed Wednesday during its earnings call.

The move, revealed by Chief Financial Officer Praveer Melwani, comes as part of a larger $1.6 billion cash position. “Within the $1.6 billion, we also held approximately $91 million in our bitcoin exchange-traded fund,” Melwani said.

Figma, which went public on the New York Stock Exchange in July, has had an eventful few years. A planned $20 billion acquisition by Adobe collapsed in 2023 after regulators raised antitrust concerns. Since then, the company continued to grow its customer base, which includes 95% of the Fortune 500.

Unlike some firms that have turned to bitcoin holdings as a last-ditch effort to excite investors or pivot away from declining core businesses, Figma’s approach appears more conservative.

“We’re not trying to be Michael Saylor here,” CEO Dylan Field told CNBC, referring to the co-founder of MicroStrategy, known for turning his previously sleepy software company into a major bitcoin holder. “This is not, like, a Bitcoin holding company. It’s a design company, but I think there’s a place for it in the balance sheet and as part of a diversified treasury strategy.”

Neither the increase in bitcoin exposure nor the better-than-expected revenue boosted investor sentiment, at least in the short term. Despite beating earnings expectations, Figma shares dropped 18% on Thursday, closing at $55.96. That remains above the IPO price, but down about 50% from the frenzied IPO-day peak.

Figma’s quiet addition of bitcoin to its treasury adds another name to the list of public companies experimenting with digital assets as part of their financial infrastructure — but without the spectacle or evangelism often associated with the move.

For now, bitcoin remains a small slice of Figma’s balance sheet.



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GameFi Guides

Ethereum Treasury SharpLink Adds $176 Million in ETH to Holdings

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In brief

  • SharpLink Gaming bought even more Ethereum last week, adding $176 million in ETH to its treasury.
  • The Nasdaq-listed firm pivoted its focus in May to accumulating ETH.
  • Ethereum hit a new all-time high price in August as a number of companies buy the asset.

Ethereum treasury SharpLink Gaming added over $176 million in ETH to its stash last week, the Nasdaq-listed company announced on Tuesday. 

The Minneapolis, Minnesota-based firm’s holdings have grown to 837,230 ETH, now worth nearly $3.6 billion after it bought 39,008 ETH between August 25 and August 31, it said. 

“We remain opportunistic in our capital raising initiatives and will continue to closely monitor market conditions to maximize shareholder value,” Joseph Chalom, co-CEO of SharpLink, said in a statement. 

NEW: SharpLink acquired 39,008 ETH at an average price of ~$4,531, bringing total holdings to 837,230 ETH, valued at ~$3.6B.

Key highlights for the week ending Aug 31st, 2025:

→ Raised $46.6M through the ATM facility
→ Added 39,008 ETH at ~$4,531 avg. price
→ Staking… pic.twitter.com/dy7x1Ux0NY

— SharpLink (SBET) (@SharpLinkGaming) September 2, 2025

Publicly traded SharpLink (SBET) was trading more than 5% lower on Tuesday at $16.89. SharpLink’s stock has shot up more than 400% since mid-May, when it was trading for less than $3 per share. 

The company in May first announced it would buy ETH via a $425 million private investment in public equity, or PIPE, offering led by blockchain technology firm Consensys and with participation from Galaxy Digital, ParaFi Capital, Ondo, and Pantera Capital. (Disclosure: Consensys is one of 22 investors in an editorially independent Decrypt.)



Once a relatively obscure gambling marketing company, SharpLink in May pivoted to become a crypto treasury, following the model of Strategy—formerly MicroStrategy—which shifted from software development to buying Bitcoin in 2020 after years of struggling and low share prices.

Instead of buying Bitcoin, SharpLink opted for the second-biggest digital coin by market cap, Ethereum.

Myriad traders were previously optimistic that SharpLink would acquire 1 million ETH in total by September 16, but they’ve swung bearish after today’s acquisition. Now, only about 30% of users believe that SharpLink will hit that target, down sharply from about 57% on Monday evening. (Disclosure: Myriad is a product of Decrypt’s parent company, DASTAN.)

A number of publicly-traded companies have adopted the same model, buying prominent cryptocurrencies like Bitcoin, XRP, Solana, and BNB in an attempt to boost shareholder value. 

ETH was recently trading for about $4,300 per coin, down about 1% over a 24-hour period, according to crypto data provider CoinGecko. ETH is down about 5% over the past week amid a wider slump in crypto markets, although it is up more than 23% during the past month. 

Ethereum hit a new all-time high mark of $4,946 in August, breaking a 2021 record after remaining well below the previous mark while Bitcoin and other major coins surged to new highs in recent years.

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Bitmine Reports $8.98B In Holdings In August Investor Update
Crypto Trends

BitMine Reports $8.98B in Holdings in August Investor Update

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BitMine Immersion Technologies, a crypto investment firm, has published its August investor presentation, titled “The Alchemy of 5%.” 

In the announcement, the firm also posted the newest installment of its monthly video series, “The Chairman’s Message,” with Chairman Tom Lee.

As of August 31, 2025, BitMine disclosed total holdings in crypto and cash of $8.98 billion, consisting of 1,866,974 Ethereum (ETH) tokens, 192 Bitcoin (BTC), and $635 million in unencumbered cash. 

BitMine is the largest holder of Ethereum (ETH) in the world and has the second-largest overall crypto treasury. The company started its ETH Treasury strategy on June 30. Now, it is just behind Strategy Inc. (MSTR), which holds 629,376 Bitcoin worth $71 billion.

Chairman Tom Lee on Strategy Outlook

Chairman Tom Lee drew a parallel between the current regulatory developments in the cryptocurrency space, such as the SEC’s Project Crypto and the GENIUS Act, and the 1971 end of the Bretton Woods system. 

He suggested that, similar to the transformation of financial markets following the end of the gold standard, “Ethereum is one of the biggest macro trades over the next 10-15 years.” As per Lee, Wall Street and AI moving onto the blockchain will transform today’s financial system, mostly on Ethereum.

BitMine’s aggressive accumulation strategy has garnered support from prominent institutional investors, including Cathie Wood’s ARK Invest, Pantera Capital, Kraken, Digital Currency Group (DCG), and Galaxy Digital. The company’s stock has experienced increased trading activity, with an average daily trading volume of $2.3 billion, ranking it among the top 25 most traded U.S.-listed stocks.

Also Read: ARK Invest Doubles Down on Ethereum, Buys $15.6M Bitmine Shares



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