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Bitmine Immersion Technologies has acquired an additional 14,665 ETH worth $64.7 million during a market dip, solidifying its position as the world’s largest Ether treasury holder. The purchase comes alongside bold price predictions from analysts, including Fundstrat’s speculative 54x gain scenario. Meanwhile, Ethereum infrastructure firm Etherealize announced a $40 million funding round to bridge traditional finance with the Ethereum ecosystem.
- Bitmine now holds 1.87 million ETH worth $8.2 billion, representing 1.54% of total Ethereum supply
- Fundstrat's analysis suggests a potential 54x price surge from April lows could theoretically push ETH to $75,000
- Etherealize secured $40 million funding to bridge traditional finance institutions with Ethereum infrastructure
📎 Related coverage from: cryptopotato.com
Other Tags: Geoff Kendrick, Paradigm, Standard Chartered, Vivek Raman, Electric Capital, Ethereum Foundation, FundStrat, Treasury