Core Insights - BitMine Immersion Technologies has executed one of the largest corporate Ethereum accumulation moves, acquiring over $827 million worth of ETH during a recent market downturn, increasing its total ETH reserves to 3,032,188 ETH, which is about 2.5% of Ethereum's circulating supply [1][3] Group 1: Market Context - The aggressive buying occurred during a weekend market sell-off that resulted in over $19 billion in leveraged positions being liquidated, with Bitcoin and Ethereum experiencing long liquidations of $5.38 billion and $4.43 billion, respectively [2] - The total market capitalization fell by more than 9% to $3.8 trillion, with Bitcoin briefly dropping below $102,000 [2] Group 2: Company Holdings and Strategy - Following the recent purchase, BitMine's total crypto and cash holdings reached $13.4 billion, including $12.9 billion in crypto assets and various investments [3] - The company's portfolio now includes 3,032,188 ETH valued at $4,154 per token, 192 BTC worth approximately $22 million, a $135 million equity stake in Eightco Holdings, and $104 million in cash [3] Group 3: Leadership Insights - BitMine's chairman, Tom Lee, indicated that the company capitalized on the market dislocation caused by the liquidation events, stating that volatility can lead to substantial discounts on assets [4] - Lee expressed confidence that Ethereum is entering a "Supercycle," driven by advancements in artificial intelligence and the financial sector's growing integration with blockchain technology [4] Group 4: Competitive Position - BitMine has positioned itself as the largest holder of Ethereum globally and the second-largest public crypto treasury, following Michael Saylor's Strategy Inc., which holds 640,250 BTC valued at approximately $73 billion [5] - The company surpasses other central Ethereum treasuries, such as SharpLink and The Ether Machine, which hold 838,730 ETH and 496,710 ETH, respectively [6]

Should exchanges consider an "OG" category that considers long-standing, blockchains with active developers?Tune into @DigitalGoldTalk's live broadcast with guest @TheDesertLynx and share your thoughts. https://t.co/uFAYegX222Digital Gold Talk (@DigitalGoldTalk):@DigitalGoldTalk on Exchanges with Joel from $DASH https://t.co/l0P6vTloyF ...

like bros our markets data is now available on over 100 chains? seems like a good start ...

imo prolly won't hear a whole lot of "oh yeah well what chain is Kalshi on" chirpers much longer ...

BlackRock has been a defining force at the intersection of TradFi & blockchain.Now, the tokenization of BlackRock's ICS US Dollar Liquidity Fund on Sei marks a new chapter: institutional-grade digital assets on rails built for global scale.($/acc).https://t.co/hIlUofKdda ...

No single chain can serve the world's needs. https://t.co/Kw4qJyt47w ...

Friday's Chaos Explained (featuring Bitwise) #CHAINREACTION https://t.co/od3sK1x1H9 ...

💡 CRYPTO 101 for NORMIES: Using Google’s Gemini to research coins1. Assign it a role, e.g. “Act as a blockchain analyst”2. Ask it to break down whitepapers, tokenomics, and teams3. Compare competitors and check social sentiment4. Review audits, governance, and risks5. Always verify facts using official sourcesStay curious, but DYOR. ...

AI can always write for you, but it’s not always right. That’s why JPMorgan wants to double-check its LLM’s homework. The company is seeking to patent “a method and a system for obtaining an evaluation of a quality of software code” generated by an LLM. READ ALSO: Economists Bullish on US Growth Despite Rising Inflation, Shrinking Job Market and Broadcom’s $10B Mystery Customer Underscores Ballooning AI Investments First, a user gives instructions for a task, including the output they’re looking for. The ...

Core Insights - Jiuzi Holdings, Inc. has successfully completed a cryptocurrency-denominated private placement transaction, settling the total consideration with 100 Bitcoin [1] - The funds raised will be allocated towards developing an intelligent digital asset custody platform and advanced encrypted storage systems, enhancing the company's infrastructure in the digital economy [2] - Following the announcement of the transaction, the company's stock price has shown a positive trend, indicating strong market interest in its innovative financing approach [3] Company Strategy - The CEO of Jiuzi Holdings emphasized the importance of balancing compliance and innovation in the implementation of the Bitcoin-denominated funds, which will focus on R&D in blockchain technologies [4] - The company is also advancing its "Smart Energy Cloud Platform" project, which aims to facilitate intelligent interactions between charging facilities and power grid systems using IoT technology [5] - Additionally, the proceeds from the private placement will support R&D testing for cross-border digital payment solutions, further broadening the company's business scope [5]