Ethereum News: BitMine has a lot of ETH and invests in WorldCoin | Bitcoinist.com

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• BitMine has accumulated more than two million Ethereum worth around nine billion dollars.
• Additionally, the company is investing 20 million dollars in a project by Sam Altman that relies on Worldcoin.
• This strengthens BitMine's position as one of the largest crypto treasure holders worldwide.

Crypto is complicated? Not necessarily! BitMine Immersion Technologies is currently demonstrating impressively how big the game has become. With a gigantic Ethereum treasure and an exciting investment, the company is generating buzz – and perhaps also the next big chapter in the crypto story.

BitMine Becomes the Ethereum Giant

In the past, BitMine was primarily known for Bitcoin mining. Today, the company has transformed into a true Ethereum giant. It now holds a proud 2,069,443 ETH worth about nine billion dollars. Additionally, there are a few “additions”: 192 Bitcoin worth around 215 million dollars as well as 266 million dollars in cash.

This makes BitMine one of the largest crypto treasure troves in the world. For those who can't quite grasp the numbers: that accounts for over 1.7 percent of all existing Ethereum coins. And it is precisely this amount that ensures that BitMine ranks high among crypto treasure holders.

A Supercycle for Ethereum?

According to BitMine, Ethereum is just at the beginning of a massive growth phase. Chairman Tom Lee even speaks of a “supercycle.” His reasoning: Wall Street is discovering the possibilities of the ERC20 blockchain, while artificial intelligence is creating entirely new token economies.

Sounds complicated, right? Think of it this way: Ethereum could be the engine of a new digital economy. And BitMine is betting that this machine is really getting up to speed now. Throughout the entire year, BitMine has been accumulating more and more ETH.

BitMine invests in Worldcoin

In addition to its own treasure, BitMine has embarked on a new adventure. For the first time, there was a so-called “Moonshot” investment – a risky but potentially extremely rewarding bet. 20 million dollars flowed to Eightco Holdings, an e-commerce company that is betting on Worldcoin.

Worldcoin is a project by Sam Altman, the co-founder of OpenAI. It runs on Ethereum and aims to create a digital identity for everyone. For BitMine, this fits perfectly: a bold project that could increase the value of the Ethereum network.

Google-Style Bets

BitMine compares its approach to Google's “Other Bets.” This refers to small investments in crazy ideas that could someday become very big. Who knows – maybe Worldcoin will one day be something like the Android of the crypto world.

Chairman Lee explains: “We want to support bold projects that make Ethereum even more valuable.” Sounds ambitious, but BitMine seems to have enough money and patience for such adventures.

Reactions on the Exchange

The news about the investment immediately caused a stir. The shares of Eightco Holdings exploded by over 3,000 percent and opened at $46.01. Such a rally is not seen every day.

BitMine in the 6 Month Chart Source: TradingViewBitMine itself was also able to gain slightly. The stock rose by 0.5 percent to 42.36 dollars. Although the price is still about 18 percent below last month's level, the new headlines are encouraging.

BitMine in Comparison

Looking at the competition, BitMine is clearly ahead. The next company in the ETH ranking, SharpLink Gaming, only reaches 3.63 billion dollars in Ethereum. In contrast, BitMine's nine billion seems like a real treasure.

Overall, BitMine ranks second among all crypto treasure holders. Only the heavyweight Strategy is larger – holding a Bitcoin reserve worth nearly 72 billion dollars.

Ethereum in Market Activity

Ethereum was last quoted at 4,328 dollars. This corresponds to a small increase of 0.7 percent in the past 24 hours. However, the price is still 12 percent away from its record high in August.

But for BitMine, this doesn't matter much. The company is not focused on quick profits, but rather on long-term development. And if the forecasts are correct, Ethereum could soon become the centerpiece of a whole new financial world.

Bitcoin Hyper – Bitcoin with Turbocharger

Bitcoin is considered a rock in the surf, but in terms of speed, it feels more like a carriage. Bitcoin Hyper changes the game: as the first Layer-2, it combines the Solana Virtual Machine with Bitcoin. BTC is deposited via a bridge, resulting in Wrapped BTC – ready for lightning-fast transactions in DeFi, gaming, or payment apps. Thus, the pure store of value finally becomes a flexible means of payment, secured by the Bitcoin network and powered by Solana's efficiency. In short: Bitcoin gets legs – and they are fast.

Bitcoin Hyper Presale## HYPER – the key to the ecosystem

At the center is the HYPER token, the currency for everything in the Bitcoin-Hyper universe. Today it is already a means of transaction, tomorrow it will additionally serve as a governance tool and utility coin. Those who hold HYPER combine the security of Bitcoin with the performance of a modern Layer-2. The presale phase is still running – traditionally the cheapest opportunity to get in. Early investors could benefit twice: from a strong foundation in BTC and the potential of a project that aims to be much more than just another coin in the future. Some are already talking about possible 100x opportunities – but even without superlatives: HYPER shows the direction in which Bitcoin can go.

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