Bitmine Accumulates ETH Aggressively: A Corporate Treasury Strategy Takes Center Stage

Public firm Bitmine continues its aggressive accumulation of Ethereum (ETH), demonstrating a unique strategy that sets it apart from traditional hedge fund approaches. Despite market volatility, they have made significant purchases, including a recent $44 million acquisition from BitGo’s hot wallet. This consistent buying pattern has propelled them to become the dominant ETH buyer in the past month, highlighting their corporate treasury approach.