Institutional Ether Buying Spree Fuels Cryptocurrency’s Growth

Major corporations are aggressively investing in Ethereum, driving its price to new heights. Driven by increasing institutional investment, record-breaking capital raises are fueling the expansion of corporate Ether holdings. Public Bitcoin mining firm BitMine Immersion Technology is seeking $24.5 billion through an at-the-market (ATM) stock offering, aiming to acquire more Ether tokens, while SharpLink, another crypto treasury firm, raised $389 million from common stock shares for institutional investors. ]