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🚀 Big Corporate Moves in the ETH Game

BitMine has just turned heads in the crypto world by massively expanding its stock offering — now valued at a staggering $24.5 billion. While the company hasn’t spelled out every detail, the buzz suggests a major portion could be heading toward Ethereum accumulation.

With 1.15 million ETH already in its vaults, BitMine now holds more than other well-known corporate players in the space. This aggressive move comes shortly after a caution from Ethereum’s co-founder about not turning ETH treasuries into “leveraged poker.” Yet, it seems big corporations are charging ahead regardless.

Interestingly, ETH’s price reacted fast — jumping over 5% shortly after the news hit. This shows that large-scale corporate appetite can quickly influence market sentiment, especially in a bullish environment.

The real question now? How long can this corporate buying momentum last before the music stops.

What’s your take — smart long-term play or risky over-reach?